Silver Street, Midsomer Norton
MA

Silver Street, Midsomer Norton

By Maggs & Allen

£ 230,000

Reviews

3 out of 5 stars

Maggs & Allen says ..

DEVELOPMENT SITE - PLANNING GRANTED FOR 3 X 3-BEDROOM HOUSES A parcel of land measuring approximately 0.14 acres with full planning consent granted for the erection of 3 x 3-bedroom houses with parking and gardens. We understand the planning conditions have been discharged, the working drawi...

Property Oracle says ..

This property is a development site located on Silver Street in Midsomer Norton, Somerset. The listing includes full planning permission for three three-bedroom houses with parking and gardens. The current condition of the land is less than ideal, with the site being littered with debris and requiring significant clearance. The surrounding area has a mix of commercial and residential properties. The site’s proximity to several well-regarded schools and its location on the High Street improve its appeal, but the current state of the land requires substantial investment to make the property suitable for the planned development. The price reflects the inherent value of the land, plus the planning permission, which significantly increases its value, but a considerable budget must be allocated to site preparation and construction costs. A full due diligence assessment is highly recommended before purchasing to confirm details of the planning permission and the costs associated with site preparation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
7
Land
6
Bedrooms
0
Bathrooms
0
Sqft (est)
1,000.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
323,317.00 £
Decreased by 2.08 %
from 330,178.00 £
Est sale value
521,000.00 £
Increased by 53.69 %
from 339,000.00 £
Average area rental value
750.00 £/mo
Decreased by 26.25 %
from 1,017.00 £/mo
Est letting value
1,000.00 £/mo
Unchanged by 0.00 %
from 1,000.00 £/mo
Est rental Yield
2.78 %
Decreased by 24.86 %
from 3.70 %
Crime Rate
21.00 %
Unchanged by 0.00 %
from 21.00 %

Agent Activity

  • Maggs & Allen created the listing.

Nearby Schools

NameTypeOfstedDistance
Midsomer Norton Children'S CentreChildren's Centre0.22 KM
Midsomer Norton Primary SchoolAcademy Converter0.25 KM
Somervale School Specialist Media Arts CollegeAcademy ConverterGood0.48 KM
St John'S Cofe Primary SchoolAcademy ConverterGood0.49 KM
Norton Hill AcademyAcademy ConverterGood0.54 KM

Images

3 - Development site for Auction, Midsomer Norton. 2 - Development site for Auction, Midsomer Norton. 4 - Development site for Auction, Midsomer Norton. 1 - Development site for Auction, Midsomer Norton. 5 - Development site for Auction, Midsomer Norton. 6 - Development site for Auction, Midsomer Norton. 7 - Development site for Auction, Midsomer Norton. 8 - Development site for Auction, Midsomer Norton. 9 - Development site for Auction, Midsomer Norton. 10 - Development site for Auction, Midsomer Norton 11 - Development site for Auction, Midsomer Norton 12 - Development site for Auction, Midsomer Norton

Nearby Streets

NameAverage PriceAverage SqftDistance
Church Lane £ 000.00 KM
St Mark's Road £ 399,95000.00 KM
Kingfisher Drive £ 000.00 KM
St John's Crescent £ 000.00 KM
St Anthony's Close £ 399,95000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mill Court, The Island, Midsomer Norton £ 134,950BUY5 / 100.08 KM
South Road, Midsomer Norton £ 175,000BUY6 / 100.09 KM
TENANTED FLAT | MIDSOMER NORTON £ 120,000BUY5 / 100.10 KM
High Street, Midsomer Norton, Radstock, Somerset, BA3 £ 285,000BUYUnknown0.10 KM
The Island, Radstock, BA3 £ 185,000BUYUnknown0.11 KM

Nearby Properties

AddressPriceDistance
Kingsley £ 310,0000.04 KM
6 Silver Street £ 175,0000.04 KM
8 Silver Street £ 155,0000.04 KM
12a High Street £ 116,0000.10 KM
126b High Street £ 187,2000.12 KM