Exeter Road, South Molton
PH

Exeter Road, South Molton

By Phillips, Smith & Dunn

£ 750,000

Phillips, Smith & Dunn says ..

An exceptional investment / long term potential residential development opportunity - - about 13 acres. Set to the south west edge of the expanding market town of South Molton and adjoining the B3226 road that leads out of the town and towards Exeter and near the recently opened Church of England School and part adjoining developed land.<br /><br />An exceptional investment / long term potential residential development opportunity - - about 13 acres.<br /><br />Set to the south west edge of the expanding market town of South Molton and adjoining the B3226 road that leads out of the town and towards Exeter and near the recently opened Church of England School.<br /><br />The site, on the majority of its eastern boundary, adjoins recently developed land, and land with planning consent approved for residential development.<br /><br />South Molton has excellent local amenities which include a Sainsbury's supermarket, various shops, pubs and restaurants, a post office, bank, a health centre, a public park with a swimming pool and tennis courts, and schools for all age ranges all give or take within a 10 minute walk. Popular for its specialist shops and twice weekly market.<br /><br />South Molton is situated close to the A361 (North Devon link road) which provides a quick route to the North Devon regional centre of Barnstaple (12 miles) and the M5 and national rail links at Tiverton Parkway (25 miles). <br /><br />Within easy driving distance of Exmoor and the popular North Devon coast, the area offers a wide range of outdoor pursuits including horse riding, cycling, golf, surfing and fishing.<br /><br />At present the land is lying fallow after a crop of straw has been harvested that will be used for thatching houses, cottages and buildings in the locality.<br /><br />Basic Payment Scheme<br /><br />Entitlements have been claimed on the land for a number of years These will be transfer to a buyer on completion of the sale with the 2021 claim monies being apportioned as at completion date.<br /><br />

Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
661,000.00 £
Increased by 29.29 %
from 511,241.00 £
Average area rental value
2,410.00 £/mo
Increased by 120.90 %
from 1,091.00 £/mo
Est rental Yield
4.38 %
Increased by 71.09 %
from 2.56 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Phillips, Smith & Dunn created the listing.

Nearby Schools

NameTypeOfstedDistance
South Molton United Church Of England Primary SchoolVoluntary Aided SchoolGood0.21 KM
South Molton Community CollegeFoundation SchoolGood0.90 KM
South Molton Community Primary SchoolCommunity SchoolGood1.01 KM
South Molton & District Children'S CentreChildren's Centre1.19 KM
North Molton Primary SchoolAcademy Converter5.89 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Molbrook Road £ 350,00000.00 KM
Queen Street £ 249,95000.00 KM
Fawn Close £ 374,99500.00 KM
Broad Street The Square £ 000.00 KM
Carder Way £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Exeter Road, South Molton £ 750,000COMMERCIAL_BUYUnknown0.00 KM
George Nympton, South Molton £ 390,000COMMERCIAL_BUYUnknown0.57 KM
Ash Mill, Nr. South Molton, Devon, EX36 £ 500,000COMMERCIAL_BUYUnknown1.25 KM
Barnstaple Road, South Molton, Devon, EX36 £ 175,000COMMERCIAL_BUYUnknown1.83 KM

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