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See how verdicts work5-bedroom detached house · TA4 3ND
Sold STCListed 47 days
Opportunity summary
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About
An exciting opportunity to acquire a stunning stone barn with planning permission for conversion into a 5 bedroom home, with additional paddock.
Available in two lots - lot 1 guide price £300,000, lot 2 guide price £60,000.
Situation Ash Priors is a small village, surrounded by unspoilt countryside, nestled between the Quantock, Blackdown and Brendon Hills, within easy reach of the County Town of Taunton and junction 25 of the M5.
The village has an ancient church and village hall.
The larger nearby village of Bishops Lydeard has a good range of local amenities including a Primary school, Post Office, convenience store, local pub, and doctor’s surgery.
Taunton offers an excellent range of shopping, recreational, and leisure facilities, including the renowned Somerset County Cricket Ground, Taunton Racecourse and direct rail links to London Paddington.
Description Lot 1 - This superb stone barn, with the benefit of full planning permission for conversion, offering an excellent opportunity to create a special home in a highly desirable rural setting set within a delightful position on the edge of this popular village.
Lot 2 - A further paddock of 0.4 acres is available by separate negotiation. Planning Consent Planning consent was granted by Somerset District Council under Application No. 02/21/0001.
Copies of the documentation can be seen via the local authority's planning portal or by enquiry via Stags.
Proposed Accommodation - Lot 1 Opportunities such as this are rare; the proposed accommodation comprises a reception hallway with cloakroom and access to a galleried landing and first floor bedroom.
There is an open plan kitchen/dining room, utility and boot room, living room, study/bedroom 5 and four further bedrooms all with en-suite facilities.
Guide price £300,000 Outside The building is adjoined by an area of lawn, separated from Ash Priors Common by a low stone wall.
Access - Lot 2 There is separate access from the village road which can be identified on the plan. Lot 2 is a paddock extending to 0.4 acres, laid to pasture.
Guide price £60,000 Services No services are connected to the barn. Directions Proceed out of Taunton on the A358 towards Williton and Minehead.
At the new roundabout turn left sign posted to Ash Priors. Continue along this road where you will see the common on the right.
Take the turning right and follow the road until you see The South Barn which can be found at the end of the common on the right-hand side, identified by a Stags ‘For Sale’ Board.
Wayleaves And Rights Of Way The property is sold subject to and with the benefit of any wayleave agreement and any public or private right of way that may affect it.
Overage clause An overage clause will be added to the contract for Lot 2, which will be triggered on the grant of planning permission (or deemed consent) for a dwellinghouse anywhere upon the property.
The overage will be payable at 25% of the uplift in value and endure for a period of 25 years.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
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Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About The South Barn, Taunton
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