DEVELOPMENT SITE Steeple, Southminster
East of England
£700,000
Listed on 04/10/2026
Listed on 04/10/2026
The listing
Property details
Bedrooms
N/AType
PlotDescription
A development site of approximately 0.8 acre in the centre of Steeple, offered with detailed planning approval for six dwellings. The approved scheme is shown as a mix of houses with private outdoor areas and associated access, and has a stated combined floor area of approximately 950 sq m (10,225.7 sq ft).
The sale is subject to a planning variation application that the sellers are progressing. The planning application is listed on Maldon District Council’s portal under reference 19/01163/FUL. The site is currently clear of buildings, and the sellers understand that services have not been connected. Buyers should verify the planning position, variation, service availability and all site details independently.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
54out of 100
Grade DWeak opportunity
Confidence: LOW
At £700,000, the asking price works out at £68/sq ft against a local average of £362, making the acquisition price a standout strength. The 0.8-acre village site has detailed planning approval for six homes totalling about 10,226 sq ft, and the aerial views, proposed layouts and apparent road access help show the scale of the opportunity. The planning variation, feasibility and servicing still need careful verification, and the drawings are proposals rather than completed homes.
This is a land-development project, not a house renovation: the plot is fenced, overgrown and undeveloped, with no connected services visible. The six-home scheme offers scope to create a new residential layout from the ground up, but the overall score remains weak because renovation economics data is insufficient and the project’s delivery requirements are substantial.
Key opportunities
- Use the 0.8-acre village plot and proposed six-home layout as a canvas for a new residential scheme.
- The proposed homes total about 10,226 sq ft, while the apparent road frontage and existing access offer a starting point for assessing the site layout.
Key risks
- A fenced, overgrown and undeveloped 0.8-acre site with no connected services visible means a substantial ground-up delivery programme, not a cosmetic refresh.
- Verify the planning approval and seller-led variation, site feasibility and servicing arrangements before relying on the proposed six-home scheme.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£2,645
Based on a loan of £525,000 over 30 years at 4.45% interest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
Pricing
Price history
-12.5% since listed
£700,000£75,000(-9.7%)
03/10/2026£775,000£25,000(-3.1%)
25/09/2025£800,000Initial listing
11/09/2025Services
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