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Wells SOMERSET

South West

£500,000

Listed on 08/10/2026

The listing

Property details

Bedrooms
2
Type
Smallholding

Features

  • Garden

Description

A rural site of approximately 2.2 acres on the outskirts of Easton, with planning permission to convert two existing outbuildings and add a link building to form one dwelling. The approved plans describe an open-plan kitchen and family room, two en-suite bedrooms, a cloakroom and an adjoining workshop. The permission was granted in 2015 and varied in 2021; buyers should review the current consent and supporting documents with the local planning authority. The site also includes a residential static caravan, a large summerhouse and pasture paddocks. The owners have lived in the caravan for around twenty years, and the listing states that a Certificate of Lawfulness of Existing Use as a dwelling house was granted in December 2025. Access is via a long private drive to a secluded position near the Mendip Hills. Easton has a village shop, garage, church and junior school. Wells and other wider amenities are nearby, with a bus service linking Wells, Cheddar and Weston-super-Mare.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

39out of 100
Grade ELow opportunity

Confidence: LOW

This is a distinctive rural project: around 2.2 acres of pasture and grounds, a long private drive, and planning permission to convert two outbuildings with a link building into a single home. The approved layout includes an open-plan kitchen/family room, two en-suite bedrooms and an adjoining workshop, giving a clear starting point for the project; the summerhouse and residential static caravan add to the existing site. The visible land looks maintained, though the mixed construction and finishes mean the buildings’ condition and conversion suitability need checking.

At £500,000, the score is limited overall, with economics also constrained by the available information. Floor area is missing, so value versus local £/sq ft cannot yet be judged, and there are no internal photos to assess the dwelling’s condition.

Key opportunities

  • Use the granted and varied planning permission as the basis for converting two outbuildings and a link building into the approved two-bedroom home.
  • Make the most of the extensive pasture, grassed grounds and long private access drive as part of a secluded rural setting.
  • Explore how the existing summerhouse, workshop element and residential static caravan could support the site’s use.

Key risks

  • The mixed construction and finishes of the visible buildings leave their condition and suitability for the approved conversion unconfirmed.
  • No internal accommodation is shown, so the condition of the dwelling cannot be assessed from the available photos.
  • Without a usable floor area, value versus local £/sq ft cannot yet be judged.

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Map

Location

Wells SOMERSET
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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