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Ivythorn Lane, Nr. Street, Somerset, BA16

South West

£225,000
Listed on 09/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This building plot presents a remarkable opportunity for those looking to invest in a conversion project. With detailed planning permission granted to transform a traditional stone barn into a residential dwelling, the site offers a blank canvas for creative vision. Nestled in a tranquil rural setting, it boasts expansive views of the picturesque Somerset levels while being conveniently close to local amenities and schools, including Street and Millfield School. The plot measures approximately 0.16 hectares (0.39 acres) and features not only the barn with its pitched slate roof but also an intriguing flat-roofed open-sided structure that could enhance the overall design. Bounded by established farm properties and the seller's retained land, this site invites renovation enthusiasts to explore its full potential.

Investment Analysis

(BA16 area)
Area Average
£290/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (BA16)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -0.1%
5 year growth: 8.9%
Investment Disclaimer: Analysis based on BA16 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

Ivythorn Lane, Nr. Street, Somerset, BA16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£824
Based on a loan of £168,750 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.

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