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Channells Lane, Horton, Ilminster - Image 1
Channells Lane, Horton, Ilminster - Image 2
Channells Lane, Horton, Ilminster - Image 3

Channells Lane, Horton, Ilminster

South West

£250,000

Listed on 21/04/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This unique offering includes two building plots with outline planning permission, nestled within an established garden adjacent to a long-held private residence. Encompassing a total area of 0.6 acres (0.24 hectares), the vendor intends to retain one plot for their own self-build project, ensuring an immediate community connection for new owners. The remaining plots—Plot 2 measuring approximately 341 square metres (0.08 acres) and Plot 3 at about 467 square metres (0.12 acres)—are available separately or together, ideal for self-builders or developers seeking a substantial project. Given the existing garden setting and the planned demolition of the current dwelling, this site presents an excellent opportunity for custom home development. The vendor has already obtained necessary connections to mains services like Wessex Water and Western Power, which they are willing to share costs for with the new owners. Furthermore, there are plans in process for full planning permission to build two detached four-bedroom homes on these plots, allowing prospective buyers a significant head start in the development process. Situated in a quiet position off a no-through road within Horton, these plots benefit from proximity to local amenities including pubs, schools, and recreational facilities within adjacent Broadway village. The market town of Ilminster is just over three miles away, providing further shopping options and essential services while good road links allow easy access to wider areas including major routes such as the A303 and M5. This site promises potential for those looking to invest in residential development or create bespoke homes tailored to individual tastes amidst a tranquil community atmosphere.

Investment Analysis

(TA19 area)
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TA19)

Area prices are falling by -12.1% over the last 12 months
3 year growth: -4.7%
5 year growth: -2.8%
Investment Disclaimer: Analysis based on TA19 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

Channells Lane, Horton, Ilminster
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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