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 %
- Est sale value
- 521,000.00 £Increased by 53.69 %
- Average area rental value
- 750.00 £/moDecreased by 26.25 %
- Est letting value
- 1,000.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.78 %Decreased by 24.86 %
- Crime Rate
- 21.00 %Unchanged by 0.00 %
Agent Activity
Maggs & Allen created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Midsomer Norton Children'S Centre | Children's Centre | 0.22 KM | |
| Midsomer Norton Primary School | Academy Converter | 0.25 KM | |
| Somervale School Specialist Media Arts College | Academy Converter | Good | 0.48 KM |
| St John'S Cofe Primary School | Academy Converter | Good | 0.49 KM |
| Norton Hill Academy | Academy Converter | Good | 0.54 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Church Lane | £ 0 | 0 | 0.00 KM |
| St Mark's Road | £ 399,950 | 0 | 0.00 KM |
| Kingfisher Drive | £ 0 | 0 | 0.00 KM |
| St John's Crescent | £ 0 | 0 | 0.00 KM |
| St Anthony's Close | £ 399,950 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mill Court, The Island, Midsomer Norton | £ 134,950 | BUY | 5 / 10 | 0.08 KM |
| South Road, Midsomer Norton | £ 175,000 | BUY | 6 / 10 | 0.09 KM |
| TENANTED FLAT | MIDSOMER NORTON | £ 120,000 | BUY | 5 / 10 | 0.10 KM |
| High Street, Midsomer Norton, Radstock, Somerset, BA3 | £ 285,000 | BUY | Unknown | 0.10 KM |
| The Island, Radstock, BA3 | £ 185,000 | BUY | Unknown | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Kingsley | £ 310,000 | 0.04 KM |
| 6 Silver Street | £ 175,000 | 0.04 KM |
| 8 Silver Street | £ 155,000 | 0.04 KM |
| 12a High Street | £ 116,000 | 0.10 KM |
| 126b High Street | £ 187,200 | 0.12 KM |