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Lower Godney, Wells BA5

South West

£475,000

Listed on 18/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
2239 sqft

Description

This single-storey bungalow presents a remarkable opportunity for renovation within the serene village of Lower Godney, just minutes away from the vibrant towns of Wells and Glastonbury. Nestled on approximately half an acre, the property is enclosed by stone walls and features a generous tree-lined parking area alongside established lawns. The home's boundaries incorporate original Blue Mendip Lias stone from the historic farmhouse, adding character to the exterior. Inside, you'll find three spacious double bedrooms, a bathroom, and a large reception room that benefits from dual aspect windows. The kitchen, equipped with an oil-fired Aga, leads out to a charming terrace paved with original flagstones. While the interior could use some modernization, it offers ample space for creative enhancements. There’s also potential to convert the roof space to capitalize on sweeping views over the picturesque Somerset countryside—subject to planning permissions. The detached period stone barn at the front of the garden adds further investment potential, featuring multiple areas plus an attic room that could be transformed into additional living accommodation or a dedicated workspace with the right consents. Across the River Sheppey lies another parcel of land accessible via a wooden bridge—ideal for tranquil outdoor enjoyment or as a productive garden space with additional fruit trees. This versatile property not only provides extensive outdoor opportunities but also boasts proximity to nature reserves abundant in local wildlife. With its community spirit and proximity to various amenities in Wells—ranging from supermarkets and leisure facilities to independent shops—this property is well-positioned for both lifestyle enhancement and investment potential. Additionally, it's close enough to notable schools and cultural landmarks that can enrich family life or provide unique rental opportunities in this desirable area.

Investment Analysis

(BA5 area)

Below Market Value

This property is priced -38.9% below area average per sq ft

-38.9%
Potential saving
This Property
£212/sq ft
Area Average
£347/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£855,488
10% above area average per sq ft
Potential ROI
+51.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BA5)

Area prices are rising by +6.8% over the last 12 months
3 year growth: +9.5%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on BA5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lower Godney, Wells BA5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 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.

Stamp Duty Calculator

Price History

-10.4% since listed
£475,000£25,000(-5.0%)
16/04/2026
Current price
£500,000£30,000(-5.7%)
27/08/2024
£530,000Initial listing
06/05/2024

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