Allen Residential says ..

Property Oracle says ..

This property listing presents a development opportunity in Midsomer Norton, Somerset. The land is currently undeveloped, requiring preparation work before construction. The site benefits from outline planning permission for a three-bedroom dormer bungalow, making it an attractive proposition for buyers or investors. Midsomer Norton offers a range of amenities, including schools like St John’s Cofe Primary School and Somervale School, both rated ‘Good’ by Ofsted. The proximity to these schools, as well as other amenities, enhances the appeal of the development. Nearby streets like St Anthony’s Close and St Mark’s Road show higher average property prices, indicating the overall desirability of the location. However, specific information regarding transportation links is not available. The provided images showcase the land in its current state, emphasizing the need for significant preparation such as clearing vegetation and potential groundworks before construction can commence. Given the lack of information about the precise size of the plot, making a definitive judgement on the property’s value becomes difficult, as a square footage would allow for a more accurate price per square foot comparison against local market rates. The current listing price of £125,000 seems to strike a balance based on the planning permission, location, and the apparent size of the plot, considering comparable properties. Further information on the specific details of the planning permission, plot size and precise location within Midsomer Norton would significantly help in evaluating the accuracy of the given list price.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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