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Hobbacott Lane, Bude EX23 - Image 1
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Hobbacott Lane, Bude EX23

South West

£100,000
Listed on 06/06/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development plot presents an excellent opportunity for renovation and investment in a well-regarded village setting. Located within reach of essential amenities, the site is conveniently situated close to a local primary school, village shop, public house, and other community facilities. Its central location offers easy access to the A39 ‘Atlantic Highway,’ facilitating travel to nearby towns such as Bideford and Barnstaple, as well as providing a route into Cornwall. The popular coastal town of Bude is just a short drive away, boasting sandy beaches and various leisure options including tennis courts and golf courses. The level plot spans approximately 283 square meters and comes with conditional planning permission for a three-bedroom detached home. This proposed residence will feature an open-plan layout encompassing living, kitchen, and dining areas that flow seamlessly into the garden through patio doors. Additional highlights include a utility room, entrance hall, W/C, three bedrooms, and a family bathroom. The property is designed to offer both comfort and functionality while also providing off-road parking for multiple vehicles and a west-facing garden—ideal for outdoor enjoyment. Given the scarcity of available plots in this vibrant village, this site represents a rare find for developers or self-builders looking to create a tailored family home. With planning already approved under application number PA24/00436—a process that can often be time-consuming—you could begin your project without delay. Additionally, prospective buyers should be aware of community infrastructure levy charges associated with this development. While utilities such as mains water, electricity, and drainage are reportedly nearby, any interested parties would need to confirm their availability for connection purposes. As a freehold property governed by Cornwall Council, this plot offers not only immediate potential but also long-term value in an area known for its strong community spirit and desirable living conditions. This unique opportunity invites those looking to invest or build in one of Cornwall's charming villages—connecting community life with potential growth in value over time. We encourage anyone interested to reach out for further details or to schedule a viewing.

Investment Analysis

(EX23 area)
Area Average
£350/sq ft

Renovation Potential

Est. Renovation Cost
£10,000 - £25,000
10-25% of property value
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by +4.2% over the last 12 months
3 year growth: 4.3%
5 year growth: 14.6%
Investment Disclaimer: Analysis based on EX23 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Hobbacott Lane, Bude EX23
Map showing location of Hobbacott Lane, Bude EX23
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