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Fairy Cross, Bideford

South West

£425,000
Listed on 22/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

Discover an exceptional development opportunity in the serene hamlet of Fairy Cross, where full planning permission is already in place for the construction of three distinct detached homes. This site benefits from a tranquil semi-rural setting while still enjoying convenient access to the North Devon Link Road, providing swift connections to Bideford, Barnstaple, and surrounding areas. The approved plans, under reference 1/0823/2024/REM from Torridge District Council, outline a well-considered mix of properties that include: a generous four-bedroom detached house with a garage (approximately 1,507 sq ft), a comfortable three-bedroom chalet bungalow (approximately 1,330 sq ft) also featuring a garage, and an inviting three-bedroom dormer bungalow (approximately 1,314 sq ft) with its own garage. This project represents a significant opportunity for small developers or self-build enthusiasts looking for an engaging venture in a peaceful yet accessible locale. Note that there is currently a section 106 agreement affecting the plots that will be removed upon completion of the sale. The vendors have also secured quotes for utilities such as mains electricity and water, which are readily available on the adjoining road to facilitate your development plans.

Investment Analysis

(EX39 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.2%
5 year growth: 16.0%
Investment Disclaimer: Analysis based on EX39 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Fairy Cross, Bideford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,557
Based on a loan of £318,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE