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Land At Old Gore Lane, Emborough, Radstock BA3 - Image 1
Land At Old Gore Lane, Emborough, Radstock BA3 - Image 2
Land At Old Gore Lane, Emborough, Radstock BA3 - Image 3

Land At Old Gore Lane, Emborough, Radstock BA3

South West

£350,000
Listed on 03/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This expansive building plot, set amidst the serene landscape of the countryside, offers a unique opportunity for renovation and investment. Spanning 0.40 acres, this property comes with planning permission in place for the construction of a spacious detached home. With its generous size and strategic location, it presents an attractive canvas for buyers looking to create a custom residence tailored to their lifestyle. The plot boasts impressive south-facing views that promise a picturesque backdrop for your future home. These unspoiled vistas are protected from development, ensuring that you can enjoy natural beauty without the concern of encroaching structures obstructing your view. While it offers the seclusion of rural living, the proximity to friendly neighbors strikes a balance between privacy and community engagement. Directly opposite lies Old Gore Wood, a testament to local conservation efforts. This area has been revitalized through community involvement, featuring over 650 trees and shrubs that now flourish as a habitat for wildlife. It serves as a lovely retreat just steps away from your door, perfect for nature walks or quiet reflection. Accessibility is straightforward with access via a joint accessway connecting to Old Gore Lane and the A37. This ensures convenient transport links while maintaining the peaceful ambiance one expects from country living. The proposed dwelling will integrate effectively within this tranquil setting while incorporating modern utilities designed for sustainable living. Emborough itself is an idyllic parish nestled within the Mendip Hills, celebrated for its community spirit despite its modest population. The village is conveniently located near vital transport routes and amenities, including well-regarded local pubs like the Old Down Inn, where residents gather to enjoy hearty meals in a welcoming atmosphere. For families or individuals considering educational opportunities, reputable primary schools are available nearby, along with highly-rated secondary education options in Midsomer Norton and Wells. The area also offers numerous supermarkets within a short driving distance in Wells and surrounding communities ensuring accessibility to everyday necessities. In terms of potential returns on investment, this property is well-placed for future value appreciation given its unique attributes and growing interest in rural living environments post-pandemic. With existing planning permissions solidifying its development potential further enhances its appeal as an excellent investment opportunity. In summary, this building plot combines privacy with community involvement in a scenic locale ripe for development. Whether you aim to craft your dream home or seek an investment with substantial potential returns, this offering represents a remarkable chance to immerse yourself within nature while enjoying all the benefits of modern connectivity and amenities nearby.

Investment Analysis

(BA3 area)
Area Average
£328/sq ft
Avg Rent (weekly)
£278
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BA3)

Area prices are rising by +4.9% over the last 12 months
3 year growth: 2.1%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on BA3 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 At Old Gore Lane, Emborough, Radstock BA3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,282
Based on a loan of £262,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE