2-bedroom house · BA12 6JH
Listing removedReduced £10k (−20%) on 20 JunListed 209 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime Building Plot with Planning Permission for a Two-Bedroom Detached Home.
An excellent opportunity to acquire a well-positioned parcel of land with full planning permission granted for the construction of a stylish two-bedroom detached dwelling.
Situated within an established residential setting, the plot offers a generous footprint and is enclosed, providing a private and secure environment for development.
The approved design showcases a charming, traditionally styled home with stone elevations and a pitched roof, thoughtfully arranged to complement the surrounding area.
The proposed accommodation comprises a spacious open-plan kitchen and dining area, a comfortable living room, and well-proportioned bedrooms, making it ideal for families, downsizers, or those seeking a bespoke new-build home.
The site benefits from convenient access to local amenities, nearby transport links, and surrounding countryside, offering an appealing balance of practicality and lifestyle.
This is a rare chance for developers or self-build buyers to create a high-quality home in a desirable location, with planning already in place to streamline the process.
Key Features: Gross internal volume 98 Sqm Planning permission granted for a two-bedroom detached house Attractive traditional design with modern layout Enclosed and level plot Established residential location Planning application: Pr Search Results - pl/2024/05361 - Wiltshire Council
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
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
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.
Area
Agent & docs
FAQ
About The Drying Fields, Castlehill Lane, Mere
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