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Self Build Plot 4, Bradley Bends, Bovey Tracey TQ13 - Image 1
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Self Build Plot 4, Bradley Bends, Bovey Tracey TQ13

South West

£180,000
Listed on 19/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1087 sqft

Description

This property presents a unique opportunity for those looking to invest in a self-build project in the sought-after Bovey Tracey area, situated on the edge of Dartmoor. A prime plot, measuring approximately 1000 square feet, is ideally suited for a three-bedroom detached family home, allowing buyers to design and build according to their vision. The development features a total of 18 plots, each carefully designed to accommodate various house types and sizes. This versatility enables future homeowners to create residences tailored to their needs. Each plot is fully serviced, with essential utilities such as mains water, electricity, gas, foul water drainage, and high-speed fibre optic telecommunications already in place at the boundaries. Investors will appreciate the site’s outline planning permission that provides an initial framework for development. However, potential buyers should be prepared to apply for detailed planning approval within a designated time frame. The forthcoming design must adhere to a comprehensive site-wide Design Code aimed at harmonizing the overall aesthetic of the neighborhood. Accessibility is another advantage this location offers; it benefits from its main access road—Mountford Drive—which has reached sub-base construction level and connects seamlessly to an existing residential development. Once completed, this road is set to be adopted by Devon County Council under a Section 38 agreement. Potential owners should note that while these homes are intended primarily for residential use, they cannot serve as holiday accommodations. The construction timeline stipulates that work must commence within two years following detailed planning consent approval. With investment opportunities in mind, this property holds promise not only as a personal residence but also as part of an evolving community in an attractive natural setting. Whether building your dream home or considering long-term investment potential, this site provides a solid foundation for your aspirations.

Investment Analysis

(TQ13 area)

Below Market Value

This property is priced -50.9% below area average per sq ft

-50.9%
Potential saving
This Property
£166/sq ft
Area Average
£337/sq ft
Avg Rent (weekly)
£264
Avg Yield
3.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£403,250
10% above area average per sq ft
Potential ROI
-6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by +5.4% over the last 12 months
3 year growth: 1.1%
5 year growth: 10.7%
Investment Disclaimer: Analysis based on TQ13 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

Self Build Plot 4, Bradley Bends, Bovey Tracey TQ13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£659
Based on a loan of £135,000 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE