Priestley Way, Burnham-on-Sea, Somerset, TA8 - Image 1

Priestley Way, Burnham-on-Sea, Somerset, TA8 - Image 2

Priestley Way, Burnham-on-Sea, Somerset, TA8 - Image 3

Priestley Way, Burnham-on-Sea, Somerset, TA8 - Image 4

Priestley Way, Burnham-on-Sea, Somerset, TA8 - Image 5

Priestley Way, Burnham-on-Sea, Somerset, TA8

South West

£95,000

Listed on 16/05/2026

Property Details

Bedrooms

Type

Plot

Description

This property presents a unique opportunity for redevelopment, having been affected by fire damage. It comes with approved planning permission to demolish the existing structure and construct a new four-bedroom home, allowing for customization to meet modern living standards. The redevelopment potential could yield significant returns in a desirable area, making it an attractive investment for builders or those looking to create a bespoke residence. For more details on the planning application, refer to application number 11/25/00115. This property will be available for sale via In-Room and Livestream Auction on Wednesday, 17th June 2026 at the Sedgemoor Auction Centre in North Petherton.

Investment Analysis

(TA8 area)

Area Average

£294/sq ft

Renovation Potential

Heavy 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

Average per month

Market Turnover

16%

Properties sold annually

Local Market Trend (TA8)

Area prices are stable by +0.4% over the last 12 months

3 year growth: -3.1%

5 year growth: +13.0%

Investment Disclaimer: Analysis based on TA8 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

Priestley Way, Burnham-on-Sea, Somerset, TA8

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£339

Based on a loan of £71,250 over 30 years at 3.97% 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.