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5 bed property
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Our Summary
- A Rare Development Opportunity Close to Combe Florey
- The site benefits from full planning permission under application reference 11/25/0001 for the demolition of existing barns and the erection of five dwellings, replacing the previous prior approval for five dwellings, together with associated works at Greenacre Livery, Greenacre Farm, Raleighs Cross Road, Combe Florey
- Offered with the benefit of no CIL payment and, as the current planning stands, no biodiversity net gain requirement, the site also offers practical financial advantages for a developer looking to create a high-quality scheme in this exceptional setting
- Subject to any necessary consents for some additional changes and final specification, we believe the GDV could be in the region of just under £5,000,000
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Description
The property is a 1.6-acre development site located in a stunning elevated location with 180-degree views of the countryside, extending from the Quantock Hills to the Blackdown Hills. It overlooks open farmland and is just two miles from the village of Bishops Lydeard. The site has full planning permission for the demolition of existing barns and the construction of five luxury detached homes, with associated works.
It is positioned in one of Somerset's most attractive rural settings and offers practical financial advantages for a developer, including no CIL payment and no biodiversity net gain requirement.