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Development Opportunity | Yeovil - Image 1
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Development Opportunity | Yeovil

South West

£50,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Semi Detached

Description

This Freehold semi-detached property in Yeovil presents a significant development opportunity, particularly for investors or developers looking to capitalize on its planning permissions. Currently laid out over two floors and boasting an enclosed rear garden, the property, with a total area of approximately 990 Sq Ft, is being sold with vacant possession. Planning has been approved to convert this space into two self-contained one-bedroom flats, which could yield a gross development value (GDV) of over £275,000. However, it must be noted that the property is in extremely poor condition and will require comprehensive modernisation throughout. Additionally, there is potential for an alternative scheme converting it back into a three-bedroom family home or reinstating its original commercial use, subject to necessary consents. This offers flexibility for various investment strategies given the location in South Somerset.

Investment Analysis

(BA20 area)
Area Average
£267/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BA20)

Area prices are rising by +5.7% over the last 12 months
3 year growth: -2.5%
5 year growth: +5.3%
Investment Disclaimer: Analysis based on BA20 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 Opportunity | Yeovil
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£189
Based on a loan of £37,500 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

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