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Chalwells, Knowle, Braunton

South West

£725,000

Listed on 02/06/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This promising development site is located in the desirable village of Knowle, Braunton, set across approximately 1.7 acres. It comes with outline planning permission for the construction of 20 residential units, including 6 designated as affordable housing. The property benefits from an approved access route and a suggested layout that indicates the feasibility of the proposed project. The area is predominantly residential, bordered by scenic countryside, making it an attractive choice for potential homebuyers seeking new housing options in this high-demand locale. One significant advantage is that Section 106 obligations have been met, reducing initial costs and increasing security for interested buyers. While the consent is outline only, this leaves room for developers to adapt and refine the final design and unit mix during the reserved matters stage. This flexibility allows for a tailored approach to meet market needs. The site presents an excellent opportunity for small to medium-sized builders and regional developers looking for a well-located consented piece of land in North Devon. While utility connections have not been confirmed on-site, nearby services are anticipated, with the final connection details to be determined during later project phases. For further planning documentation and site specifics, requests can be made as needed.

Investment Analysis

(EX33 area)
Area Average
£397/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
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
8%
Properties sold annually

Local Market Trend (EX33)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -6.4%
5 year growth: +3.2%
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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,739
Based on a loan of £543,750 over 30 years at 4.45% 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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