Worst House on the Street Logo
DEVELOPMENT SITE Steeple, Southminster - Image 1
DEVELOPMENT SITE Steeple, Southminster - Image 2
DEVELOPMENT SITE Steeple, Southminster - Image 3
DEVELOPMENT SITE Steeple, Southminster - Image 4
DEVELOPMENT SITE Steeple, Southminster - Image 5
DEVELOPMENT SITE Steeple, Southminster - Image 6
DEVELOPMENT SITE Steeple, Southminster - Image 7
DEVELOPMENT SITE Steeple, Southminster - Image 8
DEVELOPMENT SITE Steeple, Southminster - Image 9

DEVELOPMENT SITE Steeple, Southminster

East of England

£775,000
Listed on 25/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This 0.8-acre development site presents a compelling opportunity for investors and developers, situated at the heart of a charming village known for its community appeal and amenities. The property comes with full detailed planning approval for the construction of six new dwellings, totaling approximately 950 square meters (10,225.7 square feet). While the site is currently clear of any structures, it holds significant potential for residential development in an area that benefits from local services and a welcoming atmosphere. The sellers are actively pursuing a variation application for the planning approval, which may enhance the project's viability. Given its central location, this site could attract interest from prospective homebuyers looking for modern living options within a quaint village setting. Additionally, the lack of existing utilities provides an opportunity to customize infrastructure according to the specific needs of future occupants. For those keen on tapping into the growing demand for housing in this region, this property stands as an appealing investment. Prospective buyers are encouraged to review the full planning application details available through Maldon District Council's portal (reference: 19/01163/FUL) to better understand its possibilities. As always, it is advisable to consult with legal professionals or surveyors to verify all aspects of the property before proceeding with any intentions of purchase or development.

Investment Analysis

(CM0 area)
Area Average
£361/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,200,000 - £1,800,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CM0)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.3%
5 year growth: 10.1%
Investment Disclaimer: Analysis based on CM0 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

DEVELOPMENT SITE Steeple, Southminster
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,839
Based on a loan of £581,250 over 30 years at 4.19% 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE