DEVELOPMENT SITE FOR 2 DWELLINGS, Seaton, East Devon, EX12
KL

DEVELOPMENT SITE FOR 2 DWELLINGS, Seaton, East Devon, EX12

By KLP

£ 300,000

Reviews

2 out of 5 stars

KLP says ..

Positioned in a superb, elevated setting overlooking the coastal town of Seaton in East Devon and offering estuary and coastal views, this development site extends to c. 0.26ha / 0.64 acres and offers planning permission for two new detached dwellings.

Property Oracle says ..

This listing presents a development opportunity for two detached dwellings in Seaton, East Devon. The site, spanning approximately 0.64 acres, boasts elevated views overlooking the town and the coastal area. Planning permission is already in place, reducing some of the usual hurdles involved in such projects. However, the absence of any existing structures means that there is a substantial amount of work to carry out to realise the full potential of this land. This is also a significant financial investment. The nearby housing market suggests there is considerable demand in the area and that this could be a worthwhile investment. The proximity to Seaton town, the coastline, and primary schools is a significant plus. However, buyers should carefully assess construction costs, potential time delays, and market fluctuations. The lack of detailed information on the current state of the planning permission may also be a concern for potential investors. The absence of specific sqft measurements for the land further prevents a full evaluation of value relative to other plots of similar size and development potential.

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
2
Location
7
Land
8
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
313,952.00 £
Increased by 24.10 %
from 252,982.00 £
Average area rental value
876.00 £/mo
Increased by 10.19 %
from 795.00 £/mo
Est rental Yield
3.35 %
Decreased by 11.14 %
from 3.77 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • KLP created the listing.

Nearby Schools

NameTypeOfstedDistance
Seaton Primary SchoolCommunity SchoolOutstanding1.08 KM
Axe Valley Children'S CentreChildren's Centre1.25 KM
Beer Church Of England Primary SchoolAcademy ConverterRequires improvement2.33 KM
Colyton Grammar SchoolAcademy Converter2.36 KM
Colyton Primary AcademyAcademy Sponsor Led3.59 KM

Images

View over site View over site Proposed site plan House 1 Elevations House 1 Floorplans View over site House 2 Elevations House 2 Floorplans

Nearby Streets

NameAverage PriceAverage SqftDistance
Fremington Road £ 850,00000.00 KM
Greenway £ 365,00000.00 KM
Stock Lane £ 000.00 KM
Couchill Cottages £ 000.00 KM
Couchill Farm Lane £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
DEVELOPMENT SITE FOR 2 DWELLINGS, Seaton, East Devon, EX12 £ 300,000BUY5 / 100.00 KM
Bunts Lane, Seaton, Devon £ 1,200,000BUYUnknown0.00 KM
Bunts Lane, Seaton £ 800,000BUY7 / 100.05 KM
Bunts Lane, Seaton, Devon £ 795,000BUY7 / 100.10 KM
Seaton Down Hill, Seaton, Devon, EX12 £ 650,000BUY7 / 100.12 KM

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