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Plot for sale

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Plot for sale

Planning Granted | Shepton Mallet
£100,000

Our Summary

  • Hollis Morgan – JUNE LIVE ONLINE AUCTION – A Freehold DEVELOPMENT SITE ( 0
  • 23a ) with PLANNING GRANTED to erect 2 x 3 / 4 BED SEMI DETACHED HOUSES with PARKING and GARDENS | GDV £600 - £650KFor Sale By Live Online Auction - ADDRESS | Development Site @ Cornwall Road, West Shepton, Shepton Mallet, Somerset BA4 5UP Lot Number 37The Live Online Auction is on Wednesday 18th June 2025 @ 17:30Registration Deadline is on Monday 16th June 2025 @ 16:00The Auction will be streamed LIVE ONLINE via the Hollis Morgan website & you can chose to bid by telephone, proxy or via your computer
  • Registration is a simple online process – please visit the Hollis Morgan auction website and click “REGISTER TO BID”Guide Price Range - Please note the vendor has issued a guide price range on this property of £100,000 - £150,000The Land - A Freehold parcel of land with vehicular access from Cornwall Road comprising 0
  • Tenure - FreeholdThe Opportunity - DEVELOPMENT | PLANNING GRANTED | GDV £600k - £650kThe 0
  • 23 acre site has residential planning granted to erect a stylish scheme of 2 x semi detached 3 / 4 bedroom 1245 Sq Ft houses with garage, off street parking and gardens
  • Condition 7 on the Planning Approval relates to "Phosphate Credit Allocation"This payment will be made by the seller and the Allocation Certificate provided prior to the auction dateWe understand the resale value is £300,000 - £325,000 per unit
  • GDV £600k - £650kPlanning Granted - Reference2024/1357/OUTAlternative ReferencePP-13297926Application ReceivedFri 02 Aug 2024Application ValidatedThu 22 Aug 2024AddressLand At Cornwall Road Shepton Mallet SomersetProposalThe proposed residential development of 2 dwellings
  • FOR SALE BY ONLINE AUCTION
  • JUNE LIVE ONLINE AUCTION
  • RESI PLANNING GRANTED

Description

A freehold development site in West Shepton, Shepton Mallet, Somerset, is being sold at a live online auction on June 18th, 2025. The 0.23-acre site has planning permission granted to build two semi-detached houses with three to four bedrooms, garages, off-street parking, and gardens. The proposed development has a gross development value of £600,000 to £650,000, with each unit valued at £300,000 to £325,000. The site is located in a historic market town with local amenities, shopping facilities, and easy access to nearby cities like Bristol and Bath. The auction will be streamed live online, and bidders can register to participate by the deadline on June 16th. The guide price range for the property is £100,000 to £150,000.