This property presents an exceptional opportunity for developers and investors looking to capitalize on a prime location with substantial renovation potential. The site is set in a tranquil rural area just south of the hamlet of Neopardy, approximately 1.7 miles from Yeoford, a village known for its community amenities including a pub, primary school, and access to the Tarka line train service connecting Exeter and Barnstaple.
The building plots benefit from full planning permission for the construction of four bungalows, making this an enticing prospect for those interested in bringing bespoke single-storey homes to market. The approved development consists of three terraced bungalows and one link-detached bungalow, with configurations offering a mix of two- and three-bedroom accommodations totaling around 463 square meters. This makes for an appealing residential project that can cater to varying buyer preferences in today’s housing market.
Situated close to Crediton—3.5 miles away—which offers essential services such as shops, medical facilities, and schools, this property combines rural charm with accessibility. Additionally, Exeter's vibrant city center is just 11 miles away, providing a wider range of facilities alongside excellent transport links including two railway stations and an international airport.
For infrastructure considerations, electricity and water availability should be explored further by prospective buyers; however, neighboring properties are already connected to mains services. A sewage treatment plant will need to be installed by the purchaser but can be shared with the existing property at Franklands Cottage.
With no community infrastructure levy applicable on this development (S106), the financial viability looks promising for investors. Furthermore, the surrounding landscape includes Dartmoor National Park just south of the site—a significant attraction for outdoor pursuits that can enhance the appeal of any future developments.
This property stands out not only due to its potential for creating desirable living spaces but also because it offers a chance to invest in a flourishing area with great transport links and local amenities. As interest in rural living continues to grow, this site is poised for successful development that aligns well with current market demands.
