Summary - Mansion House, Princes Street, Yeovil, Somerset, BA20 1EG BA20 1EG
1 bed 1 bath Commercial Development
Large listed town-centre site with approved pre-application for residential conversion potential.
- Freehold with vacant possession across entire site
- Total NIA approximately 22,942 sq ft — very large footprint
- Grade II-listed (Mansion House and Magnolia House) — consent challenges
- Pre-application submitted for conversion to 26 dwellings (subject to consents)
- Very limited external space and no obvious on-site parking
- Located town-centre with excellent mobile and fast broadband
- Area shows high crime and very high deprivation — affects lettability
- Requires specialist conservation works and likely substantial refurbishment
An exceptionally large freehold town-centre property in Yeovil offering significant redevelopment potential. The Grade II-listed Mansion House and attached elements provide generous floorplates, high ceilings and period façades ideal for conversion to apartments or mixed use, subject to planning and listed-building consent. A pre-application has already been submitted for 26 dwellings, showing clear scope for a residential scheme.
Important constraints are upfront: the site is listed, so alterations will be more complex and costly, and planning consent is not guaranteed. The immediate area shows high crime rates and very high deprivation, which will influence market values, lettability and management needs. Street frontage abuts pavement with double yellow lines and there appears to be very limited on-site parking.
Practical positives include vacant possession, freehold title and excellent digital connectivity (mobile and broadband). The property comprises four linked elements across multiple storeys with large rooms, sash windows and high ceilings that often command strong buyer interest when sensitively converted. Buyers should budget for specialist conservation works, surveys and potentially extensive internal refurbishment before occupation or sale.
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