Love Lane, Ilminster
SY

Love Lane, Ilminster

By Symonds & Sampson

£ 175,000

Reviews

2 out of 5 stars

Symonds & Sampson says ..

A rare chance to create a brand new home on this building plot of 0.24 acres (0.01 hectares) in a "tucked away" position with countryside views, close to the pretty town centre.

Property Oracle says ..

This listing presents a unique opportunity to acquire a building plot in the desirable location of Love Lane, Ilminster, Somerset. The 0.24-acre plot offers a significant amount of land for a new build, allowing for the creation of a substantial property and garden. The location is positive, benefiting from proximity to schools such as Greenfylde Church of England First School (0.65 km) and other amenities in Ilminster town centre. However, potential buyers should be aware that this is a building plot and the current state of the land is overgrown and will require preparation work before any construction can begin. The asking price is potentially reasonable considering the land’s size and location, when compared to similar plots in nearby streets. However, the absence of information about the property features, such as bathrooms and bedrooms, makes a comprehensive comparison challenging.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
3
Location
7
Land
6
Bedrooms
0
Bathrooms
0

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
247,500.00 £
Decreased by 3.65 %
from 256,887.00 £
Average area rental value
1,325.00 £/mo
Increased by 43.71 %
from 922.00 £/mo
Est rental Yield
6.42 %
Increased by 48.96 %
from 4.31 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Symonds & Sampson created the listing.

Nearby Schools

NameTypeOfstedDistance
Greenfylde Church Of England First SchoolVoluntary Controlled SchoolOutstanding0.65 KM
Ilminster BuildingChildren's Centre Linked Site0.69 KM
Dillington HouseMiscellaneous1.19 KM
St Mary'S & St Peter'S Church SchoolAcademy Sponsor Led3.49 KM
Neroche Primary SchoolAcademy Converter6.15 KM

Images

View across the valley to south

Nearby Streets

NameAverage PriceAverage SqftDistance
Cornhill £ 000.00 KM
Old Road £ 000.00 KM
Lamplighters £ 000.00 KM
Ashcombe Lane £ 245,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Love Lane, Ilminster £ 175,000BUY5 / 100.00 KM
Love Lane, Ilminster, Somerset, TA19 £ 230,000BUY5 / 100.06 KM
East Street, Ilminster, Somerset TA19 £ 235,000BUY6 / 100.07 KM
Love Lane, Ilminster £ 275,000BUY6 / 100.11 KM
Butts, Ilminster, Somerset £ 250,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
43 East Street £ 178,0000.07 KM
69 East Street £ 165,0000.07 KM
66 East Street £ 175,0000.07 KM
64 East Street £ 265,0000.07 KM
60 East Street £ 177,0000.07 KM