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
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Metrics Year-on-Year
- Average area value
- 372,222.00 £Decreased by 5.24 %
- Average area rental value
- 1,495.00 £/moIncreased by 30.11 %
- Est rental Yield
- 4.82 %Increased by 37.32 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
Complete marked this listing as sold.
Complete created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bovey Tracey Primary School | Community School | Requires improvement | 0.53 KM |
| Hennock Community Primary School | Academy Converter | Good | 3.51 KM |
| The Greater Horseshoe School | Other Independent Special School | Good | 3.73 KM |
| St Catherine'S Cofe Primary School | Voluntary Aided School | Good | 4.22 KM |
| Moors Edge - Heathfield & District Children'S Centre | Children's Centre | 4.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Saint John's Lane | £ 0 | 0 | 0.00 KM |
| Wood Close | £ 0 | 0 | 0.00 KM |
| Salder Green | £ 0 | 0 | 0.00 KM |
| Heathfield Close | £ 0 | 0 | 0.00 KM |
| Kiln Road | £ 345,000 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bullands Close, Bovey Tracey, Newton Abbot, TQ13 9JF | £ 325,000 | BUY | 7 / 10 | 0.13 KM |
| Bullands Close, Bovey Tracey, TQ13 | £ 335,000 | BUY | 7 / 10 | 0.13 KM |
| Bullands Close, Bovey Tracey | £ 385,000 | BUY | 6 / 10 | 0.14 KM |
| Bovey Tracey, Newton Abbot, Devon | £ 325,000 | BUY | Unknown | 0.17 KM |
| Attway Cottages, bovey Tracey | £ 375,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 37 Southbrook Road | £ 286,600 | 0.00 KM |
| 40 Southbrook Road | £ 340,000 | 0.00 KM |
| 31 Southbrook Road | £ 240,000 | 0.00 KM |
| 10 Southbrook Road | £ 290,000 | 0.00 KM |
| 8 Southbrook Road | £ 157,000 | 0.00 KM |