Property for sale in Catcott, Adjoining Old School Lane, TA7 : Taunton : TAU230068

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bedroom development plot, Adjoining Old School Lane, Catcott TA7 - Sold STC

sold stc

Adjoining Old School Lane, Catcott TA7

Freehold

Guide price £600,000

Church Road 1.7 miles

The Albion Inn 2.3 miles

The Ashcott Inn 3 miles

A development site within the village of Catcott with the benefit of outline planning permission for up to four detached dwellings. In all extending to about 0.67 of an acre.

A development site with outline planning permission for up to four detached dwellings.

The Development Site adjoining Old School Lane comprises a level parcel of land within the village of Catcott with the benefit of outline planning permission which was granted by Sedgemoor District Council under planning application reference 14/21/00014 in January 2023.

In all extending to about 0.67 of an acre.

For sale by private treaty as a whole.

Location
The property is located in the Polden Hills village of Catcott, which offers a primary school, church and two public houses. The nearby town of Street (about 6 miles to the east) offers a wider range of facilities including Clarks Village, Millfield School, and supermarkets. Bridgwater is about 8 miles to the west, whilst the Somerset County Town of Taunton is about 20 miles to the south.

Method of Sale
The property is offered for sale by private treaty with a guide price of £600,000.

Tenure & Possession
The freehold of the land is offered for sale with the benefit of vacant possession upon completion.

Planning
Outline planning permission was granted by Sedgemoor District Council under planning application reference 14/21/00014 in January 2023 for the erection of up to four dwellings on the site.

Full planning permission and listed building consent was granted by Sedgemoor District Council under planning application reference 14/22/00015 for the conversion of the barn at 25 Manor Road (the vendor’s property to the north) with new access off Old School Lane. This access will also service the development site.

Services
Mains water runs in Manor Road, to the north of the site. Mains drainage runs in Old School Lane, to the east of the site. Potential purchasers will need to make their own enquiries in relation to a new mains electricity connection to service the site.

Wayleaves, Easements & Rights of Way
The site will be sold subject to a reserved right of way in favour of 25 Manor Road and the barn for conversion. The purchaser will be required to construct a new access to the site, and 25 Manor Road/the barn for conversion, in accordance with the plans for the new access set out within planning application reference 14/22/00015. Rights for service connections over the vendor’s land to the north will be granted as required.

Health & Safety
Potential purchasers should take particular care when inspecting the site, being mindful of potentially uneven, slippery, and steep surfaces, as well as tree stumps and roots which may be present, but overgrown at the time of inspection.

Local Authority
Somerset Council (Sedgemoor District)
www.somerset.gov.uk

Viewings
Viewings are by appointment with the agents.

Directions
The site can be accessed from Old School Lane, off Manor Road, in the village of Catcott.

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The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

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Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.