Southbrook Road, Bovey Tracey
CO

Southbrook Road, Bovey Tracey

By Complete

£ 150,000

Reviews

2 out of 5 stars

Complete says ..

A rare opportunity to purchase a self build plot with outline planning permission for a four bedroom detached dwelling with a development area of approximately 247m2 in an existing housing development previously constructed by Wain Homes.

Property Oracle says ..

This listing is for a building plot located on Southbrook Road, Bovey Tracey, Devon. The key feature is outline planning permission for a four-bedroom detached house. The plot is currently undeveloped and overgrown, requiring significant preparation before construction can commence.

The location in Bovey Tracey offers access to local amenities, with several primary schools within a reasonable distance. The lack of readily available transportation information needs to be checked. The surrounding area features established residential properties, suggesting a reasonably stable neighborhood.

The absence of square footage information for both the plot and comparable properties hinders a detailed price-per-square-foot analysis. The asking price of £150,000 needs to be viewed in the context of the development costs needed to construct the planned dwelling. A thorough due diligence process is crucial, including reviewing the planning permission details and conducting independent valuations to make an informed decision. The property presents a risk-reward scenario. The potential upside lies in creating a home in a desirable area but requires careful financial evaluation. It is unlikely that this property will be suitable for someone not experienced with self-build properties.

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
5
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
372,222.00 £
Decreased by 5.24 %
from 392,809.00 £
Average area rental value
1,495.00 £/mo
Increased by 30.11 %
from 1,149.00 £/mo
Est rental Yield
4.82 %
Increased by 37.32 %
from 3.51 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Complete marked this listing as sold.

  • Complete created the listing.

Nearby Schools

NameTypeOfstedDistance
Bovey Tracey Primary SchoolCommunity SchoolRequires improvement0.53 KM
Hennock Community Primary SchoolAcademy ConverterGood3.51 KM
The Greater Horseshoe SchoolOther Independent Special SchoolGood3.73 KM
St Catherine'S Cofe Primary SchoolVoluntary Aided SchoolGood4.22 KM
Moors Edge - Heathfield & District Children'S CentreChildren's Centre4.23 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Saint John's Lane £ 000.00 KM
Wood Close £ 000.00 KM
Salder Green £ 000.00 KM
Heathfield Close £ 000.00 KM
Kiln Road £ 345,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Bullands Close, Bovey Tracey, Newton Abbot, TQ13 9JF £ 325,000BUY7 / 100.13 KM
Bullands Close, Bovey Tracey, TQ13 £ 335,000BUY7 / 100.13 KM
Bullands Close, Bovey Tracey £ 385,000BUY6 / 100.14 KM
Bovey Tracey, Newton Abbot, Devon £ 325,000BUYUnknown0.17 KM
Attway Cottages, bovey Tracey £ 375,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
37 Southbrook Road £ 286,6000.00 KM
40 Southbrook Road £ 340,0000.00 KM
31 Southbrook Road £ 240,0000.00 KM
10 Southbrook Road £ 290,0000.00 KM
8 Southbrook Road £ 157,0000.00 KM