Webbers Property Services says ..

Property Oracle says ..

This listing presents an opportunity to acquire a building plot located on Cairn Road in Ilfracombe, Devon. The plot boasts full planning permission for a contemporary four-bedroom, three-bathroom detached house, spanning approximately 207m² (2,228ft²). The significant plot size of 0.14 acres (573m²) offers ample space for the proposed dwelling and potential landscaping. The location in Ilfracombe benefits from proximity to several schools, although further transportation data is needed for a complete assessment. Nearby property prices showcase a range of values and property types, from apartments to large semi-detached homes, indicating a varied market in the area. While this plot’s list price is relatively lower than the nearby completed properties, it’s essential to factor in the future costs of construction, including materials and labor, which may substantially influence the overall financial viability of this investment. Ultimately, this listing presents a development project with potential, but careful consideration of construction costs alongside local market dynamics is crucial before committing. Potential buyers should thoroughly assess the complete costs of construction, including professional fees, materials, and potential delays.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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