Agnes Close, Bude
South West
£55,000
Listed on 18/10/2026
Listed on 18/10/2026
The listing
Property details
Bedrooms
N/AType
PlotArea
608 sqftDescription
A development site in an established residential area of Bude, with outline planning permission for up to one dwelling. The permission is subject to reserved matters, including access, appearance, landscaping, layout and scale, which will need approval before development begins. The listing describes the enclosed site as approximately 480 sq m.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
52out of 100
Grade DWeak opportunity
Confidence: LOW
At £55,000, this is a notably cheap opportunity to acquire an enclosed site in an established part of Bude: the asking price works out at £90/sq ft against a local average of £347. Its appeal is the outline permission for up to one dwelling, alongside an existing vehicle entrance and garage/workshop buildings that may offer useful storage or modest interim rental income while plans are progressed.
The overall score is still a weak 52/100: the buildings’ condition is hard to judge from the available images, and the permission is only outline, with reserved matters and access rights to confirm. The visible site is mainly paved with boundary vegetation, so its full condition and development feasibility need checking before purchase.
Key opportunities
- Acquire an enclosed site at a markedly low asking price relative to local £/sq ft.
- Progress a potential individual dwelling under the existing outline permission, subject to reserved matters and feasibility.
- Make use of the existing garages/workshops for storage or potentially modest interim rental income while considering the development.
Key risks
- The condition of the garage/workshop buildings cannot be established from the available photographs.
- Reserved matters remain outstanding, and the precise access rights and any related obligations require legal confirmation.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£208
Based on a loan of £41,250 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.
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