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Westexe South, Tiverton, Devon - Image 1
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Westexe South, Tiverton, Devon

South West

£300,000

Listed on 07/07/2026

The listing

Property details

Bedrooms
11
Type
Residential Development

Description

This property presents a compelling development opportunity with full detailed planning permission for the construction of 9 residential units, as outlined in MDDC Planning Reference: 22/01755/FULL. Ideally located within a short walk to Tiverton's town centre along the scenic River Exe, this site allows for the conversion and extension of the existing building to create a mix of maisonettes and larger apartments. The planned layout includes seven one-bedroom maisonettes across two floors and two spacious two-bedroom apartments on the top floor, catering to diverse buyer needs. With an estimated gross development value (GDV) of £1,185,000, this project offers significant potential for investors looking to capitalize on the growing housing demand in this area.

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Location

Westexe South, Tiverton, Devon
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Finance

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,133
Based on a loan of £225,000 over 30 years at 4.45% interest

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