Burcott Lane, Burcott, BA5
CO

Burcott Lane, Burcott, BA5

By Cooper & Tanner

£ 45,000

Reviews

2 out of 5 stars

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

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
339,950.00 £
Decreased by 51.55 %
from 701,696.00 £
Average area rental value
1,200.00 £/mo
Decreased by 4.00 %
from 1,250.00 £/mo
Est rental Yield
4.24 %
Increased by 98.13 %
from 2.14 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Cooper & Tanner created the listing.

Nearby Schools

NameTypeOfstedDistance
Wookey Primary SchoolCommunity SchoolGood1.60 KM
Coxley Primary SchoolCommunity SchoolGood1.70 KM
Wells BuildingChildren's Centre Linked Site2.69 KM
St Cuthbert'S Church Of England Academy Infants And Pre-SchoolAcademy ConverterGood2.81 KM
St Cuthbert'S Cofe Junior SchoolVoluntary Controlled SchoolRequires improvement2.89 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Henley Lane £ 489,99500.00 KM
High Street £ 000.00 KM
Burridge Close £ 290,00000.00 KM
Haybridge £ 260,00000.00 KM
Buttice Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Beautifully presented detached house in village location near Wells. £ 765,000BUY6 / 100.81 KM
Glebe Paddock, Wookey, Somerset, BA5 £ 635,000BUY7 / 100.89 KM
Castle Court, Wookey, Wells £ 425,000BUY6 / 100.99 KM
Castle Court, Wookey, Wells, BA5 £ 650,000BUY8 / 101.01 KM
St. Matthews Terrace, Wookey Nr Wells, BA5 £ 425,000BUY7 / 101.07 KM

Nearby Properties

AddressPriceDistance
Burcott Manor Cottage £ 420,0000.54 KM
7 Glebe Paddock £ 330,0000.88 KM
1 Glebe Paddock £ 360,0000.88 KM
2 Glebe Paddock £ 425,0000.88 KM
4 Glebe Paddock £ 449,0000.88 KM