Petrockstowe, Okehampton - Image 1
Petrockstowe, Okehampton - Image 2
Petrockstowe, Okehampton - Image 3

Petrockstowe, Okehampton

South West

£380,000

Listed on 25/08/2024

The listing

Property details

Bedrooms
3
Type
Detached

Features

  • Parking

Description

Here is an exceptional opportunity to acquire a residential development site in North Devon that features a mixture of traditional and modern agricultural structures. Authorized planning has been secured for the conversion of these buildings into three separate dwelling units, making this a prime investment prospect. Located on the outskirts of Petrockstowe, a tranquil rural village known for its tight-knit community and local amenities, including a well-regarded inn and village hall, this site is perfectly positioned for those seeking both peace and accessibility. Nearby, the historic market town of Hatherleigh offers an array of shops and services such as a primary school and medical facilities, while Okehampton provides further conveniences including supermarkets, high street shops, schools through to sixth form level, and direct access to major transport routes like the A30. The stunning landscapes of Dartmoor National Park and the scenic Tarka Trail lie just moments away. The property encompasses: - **The Old Stables (Building 3)**: Approved plans are in place to convert this barn into a two-bedroom residence. - **Old Dairy (Building 4)**: With consent granted for conversion and extension, this structure is set to become a four-bedroom home. - **Lock-Up (Building 5)**: This building will be transformed into a three-bedroom dwelling as part of the permissions which include necessary demolition work to enhance parking and amenity areas for each unit. Accessibility to various services will require further investigation by prospective buyers; arrangements must be made for new connections as needed. Detailed planning documents can be accessed via Torridge District Council or can be provided upon request.

Unlock investment analysis

Sign up to see below-market value, yields, and local market trends for this and every other property.

Sign up free

Already have an account? Sign in

Interested in similar properties?

Create an alert and we'll notify you when similar renovation opportunities are listed.

Sign in to create alert

Map

Location

Petrockstowe, Okehampton
Loading map...

Transport

Nearest stations

  • Portsmouth Arms Rail Station

    9.5 miles

    Train · Kingford

  • Umberleigh Rail Station

    10.3 miles

    Train · Umberleigh

  • Chapelton (Devon) Rail Station

    10.4 miles

    Train · Chapelton

  • Kings Nympton Rail Station

    10.6 miles

    Train · Kings Nympton

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,553
Based on a loan of £285,000 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Services

Next steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates