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Chalwells, Knowle, Braunton - Image 1
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Chalwells, Knowle, Braunton

South West

£725,000
Listed on 20/02/2026

Property Details

Bedrooms
N/A
Type
Detached house

Description

This is an exceptional opportunity to acquire a residential development site in the desirable North Devon village of Knowle, Braunton. Covering approximately 1.7 acres, the plot has outline planning consent for the construction of 20 homes, which includes six affordable units. The site's location on the outskirts of the village offers an attractive setting, well-supported by existing residential areas and open countryside, making it ideal for market housing in a region with steady demand. Notably, all Section 106 obligations are discharged, providing cost efficiency and clarity for potential developers. While the current approval is outline only and will require reserved matters approval for final design and layout adaptations, this flexibility allows you to tailor the project to maximize its potential value. Utility services have yet to be confirmed as connected on site; however, they are believed to be available nearby. This site presents a valuable proposition for small to medium-sized builders and land investors looking to capitalize on a solid development opportunity in North Devon.

Investment Analysis

(EX33 area)
Area Average
£398/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £450,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (EX33)

Area prices are falling by -2.8% over the last 12 months
3 year growth: -4.4%
5 year growth: +13.8%
Investment Disclaimer: Analysis based on EX33 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

Chalwells, Knowle, Braunton
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,615
Based on a loan of £543,750 over 30 years at 4.06% 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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