Development Site, Toronto Road, Exeter
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Development Site, Toronto Road, Exeter

By Naomi J Ryan

£ 390,000

Reviews

2 out of 5 stars

Naomi J Ryan says ..

Development site with full planning permission granted for the demolition of existing garage block to construct 3 x three bedroom terraced dwellings (C3 Use Class) with external amenity space, first floor rear balconies, landscaping and associated works. Toronto Road offers a cul-de-sac ...

Property Oracle says ..

This property listing presents a development opportunity in Exeter, Devon. The site currently houses a garage block slated for demolition to make way for three new three-bedroom terraced houses, each with outdoor space and first-floor balconies. The plans reveal a well-thought-out design, promising modern, comfortable living spaces. The location, close to Exeter city centre and several schools and train stations, is another positive aspect. However, crucial information such as the precise plot size and the lack of information regarding comparable property sales near the location makes a complete assessment challenging. While the current site condition necessitates demolition, the proposed design’s potential contributes positively. Similarly, while location offers several benefits, the lack of detailed information regarding immediate amenities and infrastructure means the assessment is not without reservations. The price seems to reflect a reasonable market value, but more detailed local market information is needed to confirm its competitiveness. Overall, the project holds promise, but prospective buyers should carry out thorough due diligence before committing.

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
7
Condition
4
Location
7
Land
5
Bedrooms
9
Bathrooms
6

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
521,250.00 £
Increased by 29.23 %
from 403,360.00 £
Average area rental value
1,512.00 £/mo
Increased by 50.45 %
from 1,005.00 £/mo
Est rental Yield
3.48 %
Increased by 16.39 %
from 2.99 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Naomi J Ryan created the listing.

Nearby Schools

NameTypeOfstedDistance
Newtown Primary SchoolCommunity SchoolRequires improvement0.51 KM
St Sidwell'S Church Of England Primary School And NurseryVoluntary Aided SchoolGood0.68 KM
Stoke Hill Infant And Nursery SchoolCommunity SchoolOutstanding0.84 KM
The Maynard SchoolOther Independent School0.89 KM
Ladysmith Junior SchoolCommunity SchoolGood0.98 KM

Images

Prosposed Street Elevation - Not to scale.jpg Current site.JPG Proposed Ground Floor Plan - Not to scale.jpg Proposed First Floor Plan - Not to scale.jpg Proposed Second Floor Plan - Not to scale.jpg Prosposed South Elevation - Not to scale.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
St James' Close £ 275,00000.00 KM
Culverland Close £ 550,00000.00 KM
Exon Mews £ 000.00 KM
Clifton Hill £ 000.00 KM
Townsend Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
St James Park (Exeter)5751SJP0.44 KM
Exeter Central5755EXC1.72 KM
Polsloe Bridge3422POL1.79 KM
Exeter St Thomas3414EXT2.71 KM
Exeter St David'S3410EXD2.78 KM

Nearby Listings

AddressPriceTypeScoreDistance
Development Site, Toronto Road, Exeter £ 390,000BUY5 / 100.00 KM
Toronto Road, Exeter £ 280,000BUYUnknown0.04 KM
Toronto Road, Exeter, EX4 £ 315,000BUY6 / 100.05 KM
Albion Place, Exeter £ 325,000BUY7 / 100.08 KM
Blackboy Road, Exeter £ 240,000BUY5 / 100.11 KM

Nearby Properties

AddressPriceDistance
25 Toronto Road £ 187,5000.04 KM
10 Toronto Road £ 169,0000.06 KM
15 Toronto Road £ 144,9500.06 KM
2 Toronto Road £ 330,0000.06 KM
14 Toronto Road £ 136,0000.06 KM