Cooper & Tanner says ..
For Sale by Public Auction - Thursday 20th February 2025 at 12 midday - The Theatre, The Royal Bath and West Showground, Shepton Mallet and via Livestream. Auction Guide Price: £45,000 to £65,000. Approximately 4.53 acres (1.83 hectares) of level pastureland held within a...
Property Oracle says ..
This listing presents an opportunity to purchase approximately 4.53 acres of pastureland in Burcott, Somerset. The land is situated in a rural location, offering peace and quiet, but at a distance from shops and public transport. The nearest schools, several of which have ‘Good’ Ofsted ratings, are a drive away. The land itself appears to be overgrown but generally level, presenting potential for various uses, subject to any necessary planning permissions. The absence of buildings or improvements contributes to the present undeveloped state, but this also provides a blank canvas for a prospective buyer to realize their vision for the land. The given price falls within the auctioneer’s estimation, making it comparatively reasonable for the amount of land offered, compared with prices of developed properties in the local area. Potential buyers should weigh the significant land size against the need for potential development costs and the lack of immediate access to amenities. Thorough due diligence regarding planning permissions and potential uses is essential before any purchase is finalized. The lack of information on sq ft for this property and many surrounding homes is noted and makes price comparison difficult.
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
- 5
- Location
- 3
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 339,950.00 £Decreased by 51.55 %
- Average area rental value
- 1,200.00 £/moDecreased by 4.00 %
- Est rental Yield
- 4.24 %Increased by 98.13 %
- Crime Rate
- 0.00 %
Agent Activity
Cooper & Tanner created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Wookey Primary School | Community School | Good | 1.60 KM |
| Coxley Primary School | Community School | Good | 1.70 KM |
| Wells Building | Children's Centre Linked Site | 2.69 KM | |
| St Cuthbert'S Church Of England Academy Infants And Pre-School | Academy Converter | Good | 2.81 KM |
| St Cuthbert'S Cofe Junior School | Voluntary Controlled School | Requires improvement | 2.89 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Henley Lane | £ 489,995 | 0 | 0.00 KM |
| High Street | £ 0 | 0 | 0.00 KM |
| Burridge Close | £ 290,000 | 0 | 0.00 KM |
| Haybridge | £ 260,000 | 0 | 0.00 KM |
| Buttice Lane | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Beautifully presented detached house in village location near Wells. | £ 765,000 | BUY | 6 / 10 | 0.81 KM |
| Glebe Paddock, Wookey, Somerset, BA5 | £ 635,000 | BUY | 7 / 10 | 0.89 KM |
| Castle Court, Wookey, Wells | £ 425,000 | BUY | 6 / 10 | 0.99 KM |
| Castle Court, Wookey, Wells, BA5 | £ 650,000 | BUY | 8 / 10 | 1.01 KM |
| St. Matthews Terrace, Wookey Nr Wells, BA5 | £ 425,000 | BUY | 7 / 10 | 1.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Burcott Manor Cottage | £ 420,000 | 0.54 KM |
| 7 Glebe Paddock | £ 330,000 | 0.88 KM |
| 1 Glebe Paddock | £ 360,000 | 0.88 KM |
| 2 Glebe Paddock | £ 425,000 | 0.88 KM |
| 4 Glebe Paddock | £ 449,000 | 0.88 KM |