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Development | Resi Planning | TA6

South West

£200,000
Listed on 14/01/2026

Property Details

Bedrooms
12
Type
Detached house

Description

This freehold corner property presents a significant opportunity for development in the heart of Bridgwater, Somerset. Currently functioning as a commercial space with the Post Office on the ground floor, this building spans 3207 sq ft and includes vacant office accommodation above. With residential planning permission already granted for a transformative project to develop 10 self-contained flats (comprising 2 two-bedroom and 8 one-bedroom units) along with 2 commercial units, this site is primed for renovation and investment. The area is undergoing positive changes through the Celebration Mile initiative, aimed at boosting the local economy and improving community spaces. Given that planning permission is set to expire in August 2026, prospective buyers will need to act quickly to capitalize on this potential. The property's strategic location near local amenities and transport links enhances its appeal as a valuable investment.

Investment Analysis

(TA6 area)
Area Average
£270/sq ft
Avg Rent (weekly)
£253
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
59
Average per month
Market Turnover
45%
Properties sold annually

Local Market Trend (TA6)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +2.8%
5 year growth: +19.4%
Investment Disclaimer: Analysis based on TA6 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 | Resi Planning | TA6
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Mortgage Calculator

£
£
£
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%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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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