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Bowden, Stratton EX23

South West

£500,000
Listed on 20/09/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a valuable investment opportunity in the desirable town of Stratton, located just a short distance from the vibrant coastal community of Bude, known for its surfing beaches and various amenities. The enclosed plot offers significant renovation and development potential, making it an attractive prospect for investors or developers seeking to capitalize on the area's growth. Currently, there is live planning permission for the construction of ten residential units, consisting of eight detached houses and a pair of semi-detached homes, complete with garaging. Notably, this approval predates the implementation of Community Infrastructure Levy (CIL) regulations, which means there are no associated CIL payments or Section 106 obligations for this project. Each planned dwelling will feature its own private garden and off-road parking, enhancing the appeal for future residents. The site itself spans approximately 1.1 acres of gently sloping pasture land at the edge of Stratton, accessible via Bowden Lane. This unique location not only offers tranquility but also places residents within easy reach of Bude's recreational opportunities and essential services. Additionally, a certificate of lawfulness was recently granted for the commencement of work on one dwelling within this plot. While we confirm that the planning remains active in its original form, prospective buyers are encouraged to consult their advisors to explore all possibilities fully. With the local planning authority being Cornwall County Council, all relevant documents can be accessed through their online portal. This property holds significant potential for those looking to invest in a burgeoning area with strong demand for residential housing options.

Investment Analysis

(EX23 area)
Area Average
£351/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£1,500,000 - £2,000,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.0%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on EX23 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

Bowden, Stratton EX23
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Mortgage Calculator

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£
£
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%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 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