Towerhead Road, Sandford, Winscombe, Somerset, BS25
By DJ&P Newland Rennie
£ 950,000
Reviews
2 out of 5 stars
DJ&P Newland Rennie says ..
Outline permission previously granted for 16 residential units, now lapsed.
Property Oracle says ..
This property on Towerhead Road, Sandford is a development site listed at £950,000. The listing indicates that outline permission for 16 residential units had been previously granted, but has since lapsed. The photographs reveal an industrial-looking building which currently appears to be used for storage or a similar purpose. The building shows signs of age and may require renovations. The surrounding area contains other commercial and industrial properties and has a non-residential feel. The property’s significant value is primarily derived from its land size, making it a site with potential for future development rather than a ready-to-occupy residential structure. The absence of details on square footage and the lapsed planning permission are important factors to consider. The location’s proximity to the A368 offers good transport links, while nearby schools, albeit at a distance, might attract family-oriented developers. However, the lack of detailed information on the current state of the property and its development potential prevents a definitive conclusion on the overall value proposition. Buyers should engage professional surveys and planners to fully assess the development potential and associated costs. The marketing is targeted towards developers rather than residential buyers.
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
- 4
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 575,556.00 £Increased by 12.25 %
- Average area rental value
- 1,408.00 £/moIncreased by 16.27 %
- Est rental Yield
- 2.94 %Increased by 3.89 %
- Crime Rate
- 0.00 %
Agent Activity
DJ&P Newland Rennie marked this listing as sold.
DJ&P Newland Rennie created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Sandford Primary School | Academy Converter | 1.88 KM | |
| Winscombe Primary School | Academy Converter | 2.20 KM | |
| Banwell, Winscombe And Sandford | Children's Centre | 2.71 KM | |
| Sidcot School | Other Independent School | 3.16 KM | |
| Churchill Academy & Sixth Form | Academy Converter | Outstanding | 3.59 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Orchard Drive | £ 450,000 | 0 | 0.00 KM |
| Somerville Road | £ 326,667 | 0 | 0.00 KM |
| Plumtree Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Yatton | 3392 | YAT | 6.72 KM |
| Worle | 3390 | WOR | 7.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Towerhead Road, Sandford, Winscombe, Somerset, BS25 | £ 950,000 | BUY | 5 / 10 | 0.00 KM |
| Mead Lane, Winscombe, BS25 | £ 980,000 | BUY | 8 / 10 | 0.23 KM |
| Station Road, Sandford, Winscombe, Somerset, BS25 | £ 680,000 | BUY | 8 / 10 | 0.25 KM |
| Roman Road, Sandford, Winscombe, North Somerset. BS25 5RE | £ 400,000 | BUY | 6 / 10 | 0.64 KM |
| West Croft Lane, Sandford, BS25 | £ 795,000 | BUY | Unknown | 0.73 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Chesterfield | £ 480,000 | 0.22 KM |
| Westmead | £ 550,000 | 0.22 KM |
| Muritai | £ 333,000 | 0.22 KM |
| The Firs | £ 370,000 | 0.22 KM |
| Westfield | £ 390,000 | 0.22 KM |