Near bloody revolting snake (7)
I believe the answer is:
meander
'snake' is the definition.
(I've seen this before)
'near bloody revolting' is the wordplay.
'near' becomes 'mean' (both can mean miserly).
'bloody' becomes 'red'.
'revolting' says the letters should be written in reverse.
'red' backwards is 'der'.
'mean'+'der'='MEANDER'
(Other definitions for meander that I've seen before include "Wind about or wander here and there" , "Wind, bend" , "Wandering direction" , "Wander aimless" , "Zigzag" .)