The Beacon, Ilminster
South West
£250,000
Listed on 04/07/2026
Listed on 04/07/2026
The listing
Property details
Bedrooms
N/AType
PlotDescription
This is a unique investment opportunity nestled on the edge of a highly desirable area. Currently, it consists of two adjoining building plots that have already secured planning permission for the construction of two modern, detached homes. Designed to take full advantage of the remarkable views and natural light, these three-storey residences feature expansive glazing and are set to be constructed from natural stone with timber elements, all under GRP roofs. The site is strategically located within walking distance of local amenities and offers excellent access to scenic footpaths leading into the countryside. This location not only provides a charming town atmosphere but also easy access to the stunning Jurassic coastline and nearby AONBs like the Blackdown Hills, appealing to both potential homeowners and investors alike. Notably, while the plots benefit from planning approvals, they currently lack mains services which will require consideration during development planning.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
39out of 100
Grade ELow opportunity
Confidence: LOW
This is a development opportunity rather than a house renovation: two adjoining, overgrown hillside plots with planning permission for contemporary detached homes. The proposed three-storey designs include garages, balconies and extensive glazing to take advantage of the open views, with the town centre and countryside paths both close by.
The overall score is low, and value versus local £/sqf cannot yet be judged because the floor area is missing. The land is undeveloped, mains services are not connected, and the planning conditions and technical feasibility need checking before committing to a substantial build programme.
Key opportunities
- Create two contemporary three-storey homes with garages and balconies, following the proposed designs or exploring suitable improvements to the layout.
- Use the hillside position, large proposed glazed areas and open western views as defining features of the finished homes.
- The plots are close to the town centre and countryside paths, giving the proposed homes a mix of everyday convenience and access to the outdoors.
Key risks
- Overgrown, sloping plots with visible debris and no completed buildings — plan for site clearance and a substantial ground-up construction programme, not a cosmetic refresh.
- Mains services are not connected; establish connection arrangements and costs, and verify planning permissions, conditions and technical feasibility before proceeding.
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Transport
Nearest stations
Crewkerne Rail Station
7.3 miles
Train · Crewkerne
Taunton Rail Station
10.3 miles
Train · Taunton
Axminster Rail Station
11.3 miles
Train · Axminster
Yeovil Pen Mill Rail Station
13.2 miles
Train · Yeovil
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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£
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£1,021
Based on a loan of £187,500 over 30 years at 5.13% 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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