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Building Plot, Moorfield Road, Exmouth

South West

£90,000
Listed on 30/04/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This is a prime opportunity for developers and investors to acquire a strategically located plot within a desirable residential neighborhood. The site comes with granted planning permission for the construction of a two-storey, two-bedroom dwelling, which makes it an attractive option for those looking to build a new home or generate rental income. The proposed layout includes essential living spaces on the ground floor, such as an entrance vestibule, kitchen, and living room, while the upper floor boasts two bedrooms, an office, and a bathroom/WC, offering modern living solutions with ample functionality. Situated close to local amenities, schools, and transport links, this plot presents remarkable potential for capital growth in a sought-after area. This chance to secure a plot with existing planning approval in place is rare—ideal for self-build enthusiasts or those aiming to invest in property development. With vacant possession available under freehold tenure, this project holds exciting prospects for customization and value enhancement.

Investment Analysis

(EX8 area)
Area Average
£358/sq ft
Avg Rent (weekly)
£298
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX8)

Area prices are falling by -5.2% over the last 12 months
3 year growth: -5.1%
5 year growth: +8.7%
Investment Disclaimer: Analysis based on EX8 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

Building Plot, Moorfield Road, Exmouth
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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
£321
Based on a loan of £67,500 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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