
South West
£315,000
Listed on 25/10/2026
Listed on 25/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £315,000, this former chapel is priced at £209/sq ft, around 35% below the local average—a clear acquisition advantage. Its full planning permission for conversion to a three- or four-bedroom home, generous 0.4-acre plot and distinctive red-brick exterior make it a compelling, character-led project, with high arched windows and double-height spaces to shape into a bespoke home.
This is a conversion rather than a cosmetic update: the interiors retain institutional fittings and finishes, and the compact utility-style kitchen and accessible cloakroom are not finished to domestic specification. The slate roof looks weathered in places, though no clear major failure is visible in the photos. The works estimate is not available, so the project budget and overall renovation economics remain uncertain.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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