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Derril, Nr Pyworthy, EX22

South West

£115,000
Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Plot

Description

This appealing building plot is part of a thoughtfully subdivided former agricultural field, now a unique residential development known as The Rivers. Designed to balance a sense of community with individual privacy, this site offers an exceptional opportunity for buyers looking to construct a custom-built high-quality home in a tranquil yet conveniently located environment. The plot provides direct access to the public highway and is spacious enough for off-road parking and gardens, ideal for families with pets or children. Full planning permission has already been secured from Torridge District Council, facilitating an immediate start on construction without any time constraints. Currently, mains services are being installed, ensuring future homeowners will enjoy reliable water, drainage, and electricity. Notably, the absence of any Section 106 contributions enhances its appeal as a cost-effective self-build or commercial venture. The approved architectural plans allow for the creation of approximately 165 square metres of well-designed living space. The proposed layout includes an inviting entrance hallway with a ground floor w/c, a generously sized kitchen featuring ample worktop space and appliance options, plus a dual-aspect lounge/dining area complete with bi-fold doors opening to the garden. Additionally, the ground floor incorporates a utility room that connects to an integral garage with an adjoining workshop/store. Upstairs, the first floor accommodates all four double bedrooms along with a family bathroom/wc. The master suite benefits from its own walk-in wardrobe and ensuite shower room/wc. Beyond this is an elevated garden at the rear of the property, offering potential for outdoor enjoyment. The development aims to utilize contemporary building techniques including solar panels and batteries among other eco-friendly features. Detailed design drawings and visual renders have already been developed in collaboration with an architect and will be transferred to the new owner for ease in proceeding with building regulations and project advancement. The current vendor is also available nearby for assistance in project management if needed. This site is particularly attractive to those interested in crafting their own self-built residence within a desirable location close to the unspoiled north Cornish coastline.

Investment Analysis

(EX22 area)
Area Average
£308/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£120,000 - £180,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX22)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -20.2%
5 year growth: +4.0%
Investment Disclaimer: Analysis based on EX22 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

Derril, Nr Pyworthy, EX22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£410
Based on a loan of £86,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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