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
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Metrics Year-on-Year
- Average area value
- 247,500.00 £Decreased by 3.65 %
- Average area rental value
- 1,325.00 £/moIncreased by 43.71 %
- Est rental Yield
- 6.42 %Increased by 48.96 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
Symonds & Sampson created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Greenfylde Church Of England First School | Voluntary Controlled School | Outstanding | 0.65 KM |
| Ilminster Building | Children's Centre Linked Site | 0.69 KM | |
| Dillington House | Miscellaneous | 1.19 KM | |
| St Mary'S & St Peter'S Church School | Academy Sponsor Led | 3.49 KM | |
| Neroche Primary School | Academy Converter | 6.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cornhill | £ 0 | 0 | 0.00 KM |
| Old Road | £ 0 | 0 | 0.00 KM |
| Lamplighters | £ 0 | 0 | 0.00 KM |
| Ashcombe Lane | £ 245,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Love Lane, Ilminster | £ 175,000 | BUY | 5 / 10 | 0.00 KM |
| Love Lane, Ilminster, Somerset, TA19 | £ 230,000 | BUY | 5 / 10 | 0.06 KM |
| East Street, Ilminster, Somerset TA19 | £ 235,000 | BUY | 6 / 10 | 0.07 KM |
| Love Lane, Ilminster | £ 275,000 | BUY | 6 / 10 | 0.11 KM |
| Butts, Ilminster, Somerset | £ 250,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 43 East Street | £ 178,000 | 0.07 KM |
| 69 East Street | £ 165,000 | 0.07 KM |
| 66 East Street | £ 175,000 | 0.07 KM |
| 64 East Street | £ 265,000 | 0.07 KM |
| 60 East Street | £ 177,000 | 0.07 KM |