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42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 1
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 2
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 3
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 4
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 5
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 6
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 7
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 8
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 9
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 10
42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ - Image 11

42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ

South West

£225,000
Listed on 28/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property offers a promising opportunity for redevelopment, situated on a plot of 0.24 acres with access from the High Street and a vehicular path adjacent to the north side of the nearby car park. The site is secured by a fenced boundary and presents two existing dilapidated structures, which may require demolition or significant renovation. Previously, the site held planning consent for the construction of three dwellings (planning application 17/01011/FULL dated August 2017), although this approval has since lapsed. Furthermore, there is potential to explore plans for an eight-unit development arranged in two blocks of four, each featuring individual rear gardens along with shared storage facilities for bins and bicycles. These proposed units, envisioned as 1.5 storey one-bedroom homes, could cater to the growing demand for residential accommodation in the area. Prospective buyers should conduct their own inquiries regarding planning opportunities. Located behind No. 42 High Street, this property benefits from its proximity to local amenities and services in Crediton, a Mid Devon market town with over 8,300 residents and a vibrant community that serves surrounding villages. The town’s accessibility is enhanced by its connection to Exeter, approximately seven miles to the south, and proximity to Crediton railway station along the Barnstaple branch line. The area surrounding the site features a blend of residential properties and commercial establishments along High Street, contributing to its appeal as a mixed-use locale ripe for investment. Interested parties should note that while mains electricity, water, and drainage are believed to be connected to the site, these services have not been verified and further investigation is recommended. Given its development potential in an established location, this property represents an interesting opportunity for those looking to invest in real estate within a growing community.

Investment Analysis

(EX17 area)
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on EX17 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

42 High Street, St Saviours Way, Crediton, Devon, EX17 3PJ
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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
£824
Based on a loan of £168,750 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