Rendells says ..

Property Oracle says ..

This property presents a unique opportunity for those seeking a substantial plot of land with development potential. Located in Chudleigh, Devon, the property consists of an agricultural barn with Class Q planning permission, allowing conversion into two dwellings. The site is semi-rural, providing a peaceful setting while still being relatively close to the amenities of Chudleigh. The available land, estimated at 2.03 acres, presents significant potential for further development, depending on planning regulations. The provided photographs showcase a large plot of land, mostly undeveloped except for the existing barn, which shows some signs of age and potential need for repair or refurbishment. While the location offers a blend of rural tranquility and convenient access to Chudleigh, prospective buyers should conduct a thorough assessment of the barn’s condition and plan for renovation costs which are likely to be substantial. The lack of readily available comparable properties that have already undergone this sort of conversion to dwellings makes pricing analysis quite tricky and it may be worthwhile carrying out professional valuations from multiple sources prior to purchase. The lack of information on bathrooms and bedrooms (the property being listed as having none) means that the full potential is hard to gauge and more information needs to be readily provided.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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