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Fairy Cross, Bideford

South West

£425,000
Listed on 30/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This development site presents a remarkable opportunity for investors and self-builders, with full planning permission already in place for three detached homes. Nestled in the serene hamlet of Fairy Cross, the site boasts convenient access to the North Devon Link Road, which facilitates seamless travel to nearby towns such as Bideford and Barnstaple. The approved plans (reference: 1/0823/2024/REM) detail an appealing mix of property types, including a spacious four-bedroom house (approx. 1,507 sq ft), a well-designed three-bedroom chalet bungalow (approx. 1,330 sq ft), and a charming three-bedroom dormer bungalow (approx. 1,314 sq ft), all featuring private garages. This site is ideal for small developers looking to capitalize on the demand for quality housing in this tranquil area with picturesque surroundings. It's worth noting that while there is currently a Section 106 agreement associated with the plots, the vendors are prepared to clear this upon completion of sale. Additionally, essential utilities such as mains electricity and drainage are readily accessible, streamlining future construction efforts.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

£
£
£
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%
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