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Newton St Cyres, Nr Exeter, EX5 5EY - Two Individual Building Plots For Detached Dwellings - Image 1
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Newton St Cyres, Nr Exeter, EX5 5EY - Two Individual Building Plots For Detached Dwellings - Image 5

Newton St Cyres, Nr Exeter, EX5 5EY - Two Individual Building Plots For Detached Dwellings

South West

£200,000

Listed on 08/07/2026

Property details

Bedrooms
N/A
Type
Plot
Area
1615 sqft

Description

This offering comprises two exceptional building plots situated in a picturesque rural area near the charming village of Newton St Cyres, conveniently located just 5 miles from Exeter. Formerly the site of a primary school, these plots come with full planning permission for the construction of eight detached homes, making them an ideal proposition for developers and self-builders alike. Notably, there are no Community Infrastructure Levy (CIL) charges applicable, and all Section 106 obligations have been fulfilled by the vendor. Each plot is ready for development, being fully serviced to the boundary with mains water, electricity, and foul drainage connections available. The uniqueness of these plots lies not only in their location but also in their potential; Plot 8 offers a larger garden area that could allow for additional residential development subject to planning changes. With proven demand for similar properties already demonstrated by completed houses within the development, this opportunity stands as a strategic investment waiting to be realised. Interested parties can explore options to modify approved designs within the framework of existing permissions.

Investment analysis

(EX5 area)

Below Market Value

This property is priced -63.0% below area average per sq ft

-63.0%
Potential saving
This Property
£124/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£594,506
10% above area average per sq ft
Potential ROI
+105.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX5)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -2.3%
5 year growth: +6.3%
Investment Disclaimer: Analysis based on EX5 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

Newton St Cyres, Nr Exeter, EX5 5EY - Two Individual Building Plots For Detached Dwellings
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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
£756
Based on a loan of £150,000 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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