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Ivythorn Lane, Nr. Street, Somerset BA16 - Image 1
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Ivythorn Lane, Nr. Street, Somerset BA16 - Image 3

Ivythorn Lane, Nr. Street, Somerset BA16

South West

£225,000
Listed on 20/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique opportunity for those looking to invest in a renovation project. Located in a serene rural setting, the site offers planning permission for the conversion of a traditional stone barn into a residential dwelling, making it an appealing prospect for potential developers or buyers seeking a personal project. Spanning approximately 0.16 hectares (0.39 acres), the plot features an original barn with characteristic pitched slate roofing, complemented by an unusual flat-roofed open-sided structure on its western edge. The site is situated off Ivythorn Lane and boasts expansive views across the picturesque Somerset levels, making it both tranquil and visually striking. In addition to its natural beauty, this location provides convenient access to nearby amenities and educational institutions, including Street and Millfield School, enhancing its desirability. The property is bordered by Middle Ivythorn Farm to the north and east, ensuring some level of privacy while still being part of a community. Given its size and location, this plot represents an excellent investment potential for those interested in creating a bespoke living space in an idyllic countryside setting.

Investment Analysis

(BA16 area)
Area Average
£289/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (BA16)

Area prices are stable by +1.7% over the last 12 months
3 year growth: 2.6%
5 year growth: 13.4%
Investment Disclaimer: Analysis based on BA16 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

Ivythorn Lane, Nr. Street, Somerset BA16
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£824
Based on a loan of £168,750 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