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Cleavelands, Bude, Cornwall, EX23

South West

£350,000
Listed on 30/12/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a unique investment opportunity in the Cleavelands area of Bude, featuring the potential for phased development of three open market residences. The site is well-positioned and offers significant appeal to both developers and individuals interested in self-build projects, capitalizing on its ample size and favorable location. Access to the site is already established via Treleven Road, with crucial drainage connections for surface water and sewage already in place. Planning permission has been granted (Ref PA22/07517) for the proposed developments, which allows buyers to move forward with exciting plans that have been officially sanctioned. While mains utility services are nearby, prospective buyers should confirm availability and costs of any necessary connections themselves. It’s important to note potential liabilities under the Community Infrastructure Levy (CIL) regulations, which will be assessed upon future applications. This property offers a canvas for visionaries looking to create valuable dwellings in a desirable community.

Investment Analysis

(EX23 area)
Area Average
£351/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.0%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on EX23 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

Cleavelands, Bude, Cornwall, EX23
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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
£1,282
Based on a loan of £262,500 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