Worst House on the Street Logo
Land With Planning @ | Lodge Lane, Nailsea - Image 1
Land With Planning @ | Lodge Lane, Nailsea - Image 2
Land With Planning @ | Lodge Lane, Nailsea - Image 3

Land With Planning @ | Lodge Lane, Nailsea

South West

43

£1,100,000

Listed on 15/07/2026

The listing

Property details

Bedrooms
26
Type
Plot

Description

A freehold development site in Nailsea, offered for sale by private treaty, with Reserved Matters consent for the demolition of the existing bungalow and construction of six detached homes. The consented scheme comprises three house types, with four-bedroom accommodation stated for each plot and individual floor areas ranging from approximately 2,015 to 2,316 sq ft, plus garages. The total stated gross internal area is 12,695 sq ft, excluding garages. The listing reports that outline consent was granted in October 2024 and Reserved Matters consent in February 2026. Ground investigation and coal mining reports are available in the data room, and the vendor says the relevant plans, reports and surveys can be transferred on completion. The stated CIL liability is £111,307.42. The site is offered with vacant possession, and unconditional offers are invited by informal tender. The agent gives an opinion of gross development value of £5,050,000, which should be independently assessed. The site is on Lodge Lane, with Nailsea town centre, local amenities and Nailsea & Backwell railway station within the distances stated in the listing. The M5 is also accessible by road. Interested parties should review the planning documents, legal information, site investigations, CIL position and development costs before submitting an offer.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

43out of 100
Grade ELow opportunity

Confidence: MEDIUM

This is a consented development opportunity rather than a conventional house renovation: the listing states Reserved Matters consent to demolish the existing bungalow and build six detached family homes, with three house types and a total stated area of 12,695 sq ft excluding garages. The overgrown site gives scope to clear and prepare the land, while the established Nailsea setting and the proposed scheme provide a clear development canvas. The listing’s £5.05m GDV is the agent’s claim, not an independent valuation; it indicates substantial headline upside against the £1.1m asking price, but no works budget is available, so the current all-in figure is purchase-only.

Key opportunities

  • Deliver the consented scheme of six detached four- and five-bedroom family homes across three house types, with a stated combined 12,695 sq ft excluding garages.
  • Shape the site through clearance and preparation, then build a coordinated new-home scheme in an established residential setting.
  • The listing says intrusive ground investigations and coal-mining surveys are available in the data room, which may help inform development planning.

Key risks

  • Six new-build homes following demolition of the bungalow make this a major site-development programme, not a cosmetic refresh; no works budget is provided, so build costs and programme remain unquantified.
  • The £1.1m asking price is 34% above the local £/sq ft average, weakening the value case despite the agent’s stated GDV.

Unlock the full analysis

Sign up to see the refurb profile, below-market value, yields, and local market trends for this and every other property that has them.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

Land With Planning @ | Lodge Lane, Nailsea
Loading map...
Open map

Transport

Nearest stations

  • Nailsea & Backwell Rail Station

    1.1 miles

    Train · Nailsea

  • Portway Park & Ride Rail Station

    4.4 miles

    Train · Shirehampton

  • Shirehampton Rail Station

    4.5 miles

    Train · Shirehampton

  • Yatton Rail Station

    4.7 miles

    Train · Yatton

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.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£4,495
Based on a loan of £825,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

Services

Next steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development