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Filham Moor Lane, Exeter Road, Ivybridge, Devon, PL21 - Image 1
Filham Moor Lane, Exeter Road, Ivybridge, Devon, PL21 - Image 2
Filham Moor Lane, Exeter Road, Ivybridge, Devon, PL21 - Image 3
Filham Moor Lane, Exeter Road, Ivybridge, Devon, PL21 - Image 4
Filham Moor Lane, Exeter Road, Ivybridge, Devon, PL21 - Image 5

Filham Moor Lane, Exeter Road, Ivybridge, Devon, PL21

South West

£160,000
Listed on 03/01/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a significant redevelopment opportunity located in the heart of Ivybridge, ideal for those looking to undertake a fresh residential project. The site has been granted Planning in Principle for the creation of two detached houses, replacing an existing stable block. Its prime location offers level access and is conveniently close to Ivybridge town centre, allowing prospective developers or self-builders to tailor these homes to meet modern living standards while being surrounded by ample local amenities. Ivybridge, known as the 'Gateway to the Moors,' provides residents with easy access to Dartmoor National Park and excellent transport links that connect to Plymouth and Exeter via the A38. The area boasts various facilities including independent shops, eateries, parks along the River Erme, and a well-equipped leisure centre. Local education options are also strong, highlighted by the highly respected Ivybridge Community College. With all main services available nearby (excluding foul drainage and mains gas), interested parties are encouraged to assess the planning consent documents thoroughly. This Freehold land offers an exciting prospect for investment in a desirable area with future growth potential.

Investment Analysis

(PL21 area)
Area Average
£326/sq ft
Avg Rent (weekly)
£255
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£175,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +6.4% over the last 12 months
3 year growth: 1.3%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on PL21 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

Filham Moor Lane, Exeter Road, Ivybridge, Devon, PL21
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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
£586
Based on a loan of £120,000 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