Complete says ..
Lot 2 The adjoining land to the North of Trinity Lodge which has the potential for future development. An option to purchase Lot 1 A unique Development or refurbishment opportunity with planning permission for 6 dwellings as a combined opportunity or as a seperate lot .
Property Oracle says ..
This property listing presents a development opportunity rather than a ready-to-move-in residence. The listing focuses on a 0.35-acre plot of land identified as ‘Lot 2’ adjacent to ‘Trinity Lodge’ (Lot 1). Lot 1, a sizeable brick building, is shown in photographs. However, there is no specified internal information for the building. The listing mentions planning permission for six dwellings on Lot 1, suggesting potential for significant development and return. However, the financial implications of development, including planning permission, building costs, and potential sale prices would determine its profitability. The land’s value significantly influences the overall appeal of the listing. The proximity to Teignmouth’s town centre, schools, and railway station adds to the location’s desirability. Nevertheless, the absence of details on the internal condition of ‘Lot 1’ and the lack of structural specifics about the land itself require caution. A thorough survey and assessment are essential before making any investment decision. Nearby property prices provide limited insight due to inconsistent data regarding square footage. Therefore, a detailed analysis would require more specific information about the buildings. There is also significant uncertainty around the build costs and sales price of any future development.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 288,750.00 £Decreased by 25.15 %
- Average area rental value
- 821.00 £/moDecreased by 25.30 %
- Est rental Yield
- 3.41 %Decreased by 0.29 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Complete marked this listing as sold.
Complete created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Trinity School | Other Independent School | 0.16 KM | |
| Teignmouth Community School, Exeter Road | Academy Converter | Requires improvement | 0.26 KM |
| Hazeldown School | Community School | Good | 0.83 KM |
| Our Lady And St Patrick'S Roman Catholic Primary School | Academy Sponsor Led | Good | 1.13 KM |
| Dawlish Children'S Centre | Children's Centre | 1.38 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grange Drive | £ 439,975 | 0 | 0.00 KM |
| Grace Gardens | £ 1,050,000 | 0 | 0.00 KM |
| Gloucester Road | £ 0 | 0 | 0.00 KM |
| Elm Grove | £ 0 | 0 | 0.00 KM |
| Shute Hill | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Teignmouth | 3430 | TGM | 1.02 KM |
| Dawlish | 3408 | DWL | 4.91 KM |
| Dawlish Warren | 3409 | DWW | 7.96 KM |
| Starcross | 3413 | SCS | 9.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Buckeridge Road, Teignmouth | £ 100,000 | BUY | 5 / 10 | 0.00 KM |
| Buckeridge Avenue, Campion, TQ14 | £ 199,950 | BUY | 7 / 10 | 0.05 KM |
| Buckeridge Avenue, Teignmouth, Devon | £ 725,000 | BUY | Unknown | 0.07 KM |
| Buckeridge Avenue, Teignmouth, TQ14 | £ 1,150,000 | BUY | 7 / 10 | 0.09 KM |
| Buckeridge Road, Teignmouth, TQ14 | £ 750,000 | BUY | 7 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Trinity Lodge | £ 490,000 | 0.00 KM |
| 10 Buckeridge Avenue | £ 275,000 | 0.09 KM |
| 5 Buckeridge Avenue | £ 700,000 | 0.09 KM |
| 6 Buckeridge Avenue | £ 275,000 | 0.09 KM |
| 6 Grosvenor Terrace | £ 690,000 | 0.12 KM |