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Plot for sale
Planning Granted | Shepton Mallet
£130,000
Planning Granted | Shepton Mallet
£130,000
Our Summary
- Hollis Morgan – APRIL LIVE ONLINE AUCTION – A Freehold DEVELOPMENT SITE ( 0
- 23a ) with PLANNING GRANTED to erect 2 x 3 / 4 BED SEMI DETACHED HOUSES with PARKING and GARDENS | GDV £600 - £650KFor Sale By Live Online Auction - ADDRESS | Development Site @ Cornwall Road, West Shepton, Shepton Mallet, Somerset BA4 5UP Lot Number TBCThe Live Online Auction is on Wednesday 23rd April 2025 @ 17:30Registration Deadline is on Monday 21st April 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
- Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”The Land - A Freehold parcel of land with vehicular access from Cornwall Road comprising 0
- Tenure - FreeholdUtilities, Rights & Restrictions - Please refer to the Legal Pack Flood Risk - Please refer to the Legal PackThe Opportunity - DEVELOPMENT | PLANNING GRANTED | GDV £600k - £650kThe 0
- 23 acre site has residential planning granted to erect a stylish scheme of 2 x semi detached 3 / 4 bedroom 1245 Sq Ft houses with garage, off street parking and gardens
- GDV £600k - £650kPlanning Granted - Reference2024/1357/OUTAlternative ReferencePP-13297926Application ReceivedFri 02 Aug 2024Application ValidatedThu 22 Aug 2024AddressLand At Cornwall Road Shepton Mallet SomersetProposalThe proposed residential development of 2 dwellings
Description
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Here is a summary of the property description in a single paragraph:
A freehold development site in Cornwall Road, West Shepton, Shepton Mallet, Somerset, is up for sale by live online auction on April 23rd, 2025. The 0.23-acre site has planning permission granted to build two semi-detached 3/4-bedroom houses with garages, off-street parking, and gardens, with a gross development value of £600,000 to £650,000. The approved scheme includes additional living space above the garages, which could accommodate a fourth bedroom. The resale value of each unit is estimated to be £300,000 to £325,000. The property is located in the historic market town of Shepton Mallet, with easy access to nearby cities such as Bristol and Bath, and amenities including shops, leisure facilities, and schools.