Church Street, Occold, IP23
East of England
£70,000
Listed on 20/10/2026
Listed on 20/10/2026
The listing
Property details
Bedrooms
2Type
PlotFeatures
- Garden
- Parking
Description
A cleared plot beside a cottage in Occold, offered with planning permission for either a two-bedroom adjoining cottage or, if acquired with the neighbouring property, a double-storey side extension and single-storey rear extension. The permissions are referenced as DC/25/03709 and DC/24/03139 respectively. Proposed plans and elevations are included in the listing; buyers should check the approved documents and conditions before proceeding.
The site has a gravelled frontage with space identified for off-road parking, while the rear area is currently largely cleared and enclosed by fencing. The listing describes the garden as a blank canvas, with scope to arrange the outdoor space around the chosen development. The adjacent cottage is marketed separately, so the extension option depends on purchasing it as well.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
38out of 100
Grade ELow opportunity
Confidence: LOW
The standout here is the choice of two planning-approved routes: build a separate two-bedroom adjoining cottage, or pursue the approved extension scheme alongside the neighbouring cottage if that is also acquired. The cleared plot, frontage access and parking potential give the project a useful starting point, while the mostly gravelled rear area is a blank canvas for landscaping. The available exterior views show no obvious major failure, though they are not a detailed survey.
At 38/100, this is a low-opportunity score overall, with limited condition and economics evidence contributing to the result. The floor area is missing, so value versus local £/sqf cannot yet be judged; interior condition is also not established by the submitted photos.
Key opportunities
- Choose between the approved two-bedroom adjoining cottage scheme and the approved extension scheme, subject to the relevant purchase arrangement.
- Use the cleared plot, frontage access and parking potential as a starting point for the selected build.
- Landscape the mostly bare rear area to create a more finished private garden.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£264
Based on a loan of £52,500 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.
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