
South West
£75,000Guide Price
Listed on 21/10/2026
Listed on 21/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: LOW
At £75,000, this is a notably cheap way to acquire a 0.18-acre freehold plot in Creech St Michael: the asking price is £66/sq ft against a local average of £321/sq ft. The photos show an agricultural building and overgrown areas rather than a finished home, while the listing says permission has been granted for its demolition and a three-bedroom detached house of 1,130 sq ft, with garage, parking and garden. That gives a buyer scope to deliver a new home to the approved scheme, subject to checking the permission, its conditions and the feasibility of carrying it out.
The D grade reflects a development opportunity rather than a ready-to-improve house: the project is extensive, and there is no renovation estimate or listing GDV available to assess the build economics. The existing building’s full condition is not established by the photos, so budget and programme need careful validation.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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
Indicative tax based on the asking price and the options you select.
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