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Ham Lane, Shaldon TQ14

South West

£170,000
Listed on 19/11/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
538 sqft

Description

This property presents a unique opportunity to acquire land featuring an existing structure in the picturesque village of Shaldon. Full planning permission has been secured for the conversion of the building into a holiday home, which includes plans for a new porch and decking area—ideal for outdoor relaxation. The site spans a desirable location with access to essential utilities, including mains electricity and water supply. A Community Infrastructure Levy (CIL) charge of £14,599.03 has already been settled, covering a chargeable area of 55.56 m². Additionally, preliminary groundwork and footings have commenced to maintain the validity of the planning consent, ensuring that you can move forward with development without delays related to planning lapses. Investors and developers will find this property particularly appealing due to its substantial existing groundwork and the potential to create a charming holiday retreat or explore further residential possibilities, subject to necessary consents. The paperwork related to planning and development is readily available for review, providing transparency and clarity regarding the ongoing processes. Shaldon is known for its scenic beauty and tranquil atmosphere, making this an attractive location not only for vacationers but also as a long-term investment opportunity. This property allows you to capitalize on this sought-after market while tailoring the space to your vision. In summary, this site offers both immediate potential for renovation into a getaway destination and future possibilities for residential development in an idyllic countryside setting.

Investment Analysis

(TQ14 area)

Below Market Value

This property is priced -3.7% below area average per sq ft

-3.7%
Potential saving
This Property
£316/sq ft
Area Average
£328/sq ft
Avg Rent (weekly)
£241
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£194,170
10% above area average per sq ft
Potential ROI
-7.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ14)

Area prices are rising by +3.1% over the last 12 months
3 year growth: 6.0%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on TQ14 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

Ham Lane, Shaldon TQ14
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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
£623
Based on a loan of £127,500 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