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Land To The Rear Of, 27-28 Cornhill TA6

South West

£200,000

Listed on 02/06/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This property presents an exceptional development opportunity for investors looking to capitalize on the growing demand in Bridgwater. Currently occupying a single-storey building, the site is primed for redevelopment with the potential to construct four HMO units or a block of eight residential flats, both of which were previously granted planning permissions that have now expired. Located near King Square and benefiting from excellent transport links including a mainline train station and proximity to the M5 motorway, this area is seeing growth thanks to developments like the Hinkley Point C Power Station. With adequate services available nearby, this investment could serve to meet housing demands effectively while contributing positively to the local economy. Prospective buyers should conduct their own inquiries regarding planning and service accessibility.

Investment Analysis

(TA6 area)
Area Average
£271/sq ft
Avg Rent (weekly)
£250
Avg Yield
5.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TA6)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -1.9%
5 year growth: +15.9%
Investment Disclaimer: Analysis based on TA6 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

Land To The Rear Of, 27-28 Cornhill TA6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 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

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

Price History

-46.7% since listed
£200,000£65,000(-24.5%)
18/09/2025
Current price
£265,000£60,000(-18.5%)
19/03/2024
£325,000£50,000(-13.3%)
01/03/2024
£375,000Initial listing
09/05/2019

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