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Residential Development Site, with outline planning consent, Othery, TA7 - Image 1
Residential Development Site, with outline planning consent, Othery, TA7 - Image 2
Residential Development Site, with outline planning consent, Othery, TA7 - Image 3
Residential Development Site, with outline planning consent, Othery, TA7 - Image 4
Residential Development Site, with outline planning consent, Othery, TA7 - Image 5
Residential Development Site, with outline planning consent, Othery, TA7 - Image 6
Residential Development Site, with outline planning consent, Othery, TA7 - Image 7
Residential Development Site, with outline planning consent, Othery, TA7 - Image 8

Residential Development Site, with outline planning consent, Othery, TA7

South West

£800,000
Listed on 07/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a promising development opportunity on the outskirts of Othery, a charming village known for its community spirit. Situated on the northern periphery, the parcel encompasses approximately 1.1 acres and features a mix of existing farm outbuildings, providing a unique canvas for renovation or redevelopment. The site comes with outline planning consent for the construction of two open market homes alongside five self-build dwellings, which offers flexibility in project scope—allowing investors to consider either whole site development or piecemeal investment. The relevant planning details can be accessed on the Somerset (Sedgemoor) Council Planning Portal under reference 38/24/00001, and potential buyers are encouraged to conduct their own due diligence regarding planning regulations and opportunities. Othery boasts several local amenities, including a village hall and primary school, with a pop-up pub enhancing the community vibe every Friday. It enjoys excellent transport links; located just 12 miles from Taunton and 7 miles from Bridgwater, it's well-serviced by local bus routes to these towns. Additionally, Taunton train station is nearby, providing direct connections to major cities like London Paddington, Exeter, and Bristol—making it an attractive option for commuters. For those looking to invest in property development in a tranquil yet accessible location, this land could be an ideal choice. With comparable sales figures available upon request from Cooper & Tanner’s branch office in Street, prospective buyers can evaluate potential gross development values (GDVs) effectively. It’s worth noting that the land is subject to various rights and easements while also presenting an opportunity for careful consideration regarding future use or enhancements. Given its blend of location benefits and developmental potential, this property invites both seasoned developers and newcomers alike to explore its possibilities.

Investment Analysis

(TA7 area)
Area Average
£294/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£700,000 - £1,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TA7)

Area prices are rising by +14.0% over the last 12 months
3 year growth: 7.1%
5 year growth: 22.8%
Investment Disclaimer: Analysis based on TA7 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

Residential Development Site, with outline planning consent, Othery, TA7
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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
£2,931
Based on a loan of £600,000 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE