Asking Price

£1,500,000

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Combe Florey, Taunton, Somerset, TA4

5 bedroom development plot for sale

Development plot

5 Bedrooms

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Property Description

A Rare Development Opportunity Close to Combe Florey.

A superb opportunity to acquire a development site for five beautiful luxury detached homes, set in a stunning elevated location close to Combe Florey and enjoying exceptional 180-degree views stretching from the Quantock Hills across to the Blackdown Hills.

Extending to approximately 1.6 acres, the site overlooks open farmland and offers a wonderful sense of space, privacy and countryside living, while still being just two miles from the thriving village of Bishops Lydeard.

This is more than simply a development site. It is an opportunity to create a legacy of five outstanding homes in one of Somerset’s most attractive rural settings.

The site benefits from full planning permission under application reference 11/25/0001 for the demolition of existing barns and the erection of five dwellings, replacing the previous prior approval for five dwellings, together with associated works at Greenacre Livery, Greenacre Farm, Raleighs Cross Road, Combe Florey.

Offered with the benefit of no CIL payment and, as the current planning stands, no biodiversity net gain requirement, the site also offers practical financial advantages for a developer looking to create a high-quality scheme in this exceptional setting.

The two bungalows have been ddesigned to add first floor accommodation adding around another 500 squre feet of living space. Subject to any necessary consents for some additional changes and final specification, we believe the GDV could be in the region of just under £5,000,000.

Additional changes to the properties may have an impact on CIL and BNG calculations and payments.

Services - We understand that mains electricity and water are close by.

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Key Information

Tenure:

Freehold

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