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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

£125,000

Listed on 21/04/2026

Property details

Bedrooms
N/A
Type
Plot

Description

This is an exceptional chance to acquire one of two building plots with full planning permission, nestled within an established garden adjacent to a long-held private residence. Spanning a total of 0.6 acres (0.24 hectares), the site includes planned access roads and will see the current dwelling demolished post-sale at an agreed timeline. Plot 2 measures approximately 341 square meters (0.08 acres) while Plot 3 is about 467 square meters (0.12 acres). Both plots present excellent potential for self-builders or developers looking to create bespoke homes, with the advantage of already obtained planning consent for two detached four-bedroom houses. This head start in the planning process allows buyers the flexibility to modify designs as needed down the line. The vendors have negotiated costs for utility connections that can be shared, further streamlining development. Located in a serene area off a no-through road in Horton, these plots offer privacy while being close to essential amenities in surrounding villages such as Broadway and Ilminster, which boast local shops, schools, and recreational facilities. Easy access to major road links enhances commuting convenience. Viewings are strictly by appointment as access is limited without going through the owner's private property.

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Investment analysis

(TA19 area)
Area Average
£300/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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
£472
Based on a loan of £93,750 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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