House · EX22 6HN
Opportunity summary
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About
Opportunity to purchase a good size development site on the edge of the thriving market town of Holsworthy. A mainly level site with excellent access already approved.
Currently benefits planning permission for 5 houses with excellent potential to add value. High demand in the area for end users, rural town still only 15 minutes from the sea.
Planning consent Outline Planning consent was granted by Torridge District Council under cover of application number 1/0382/2021/out dated 14th February 2023 for Outline application for 5 dwellings with all matters reserved except access.
Please note all planning documents can be downloaded directly from the Torridge District Council's website using the above reference numbers. Land plan and drawings For identification purposes only.
Based on ordnance survey extracts. The areas identified are not guaranteed and purchasers must satisfy themselves as to their accuracy. Tenure Freehold with vacant possession upon completion.
Section 106 agreement highlights Allotments contribution Means the Sum of £808.77 (Eight Hundred and Eight Pounds and Seventy Seven Pence) subject to Indexation to be used by the Council for the provision of Allotments within Holsworthy.
Education contribution Means the sum of £20,540 (Twenty Thousand Five Hundred and Forty Pounds) subject to Indexation being towards the enhancement of primary school facilities in the vicinity of the Site.
Off site amenity and natural green space contribution Means the Sum of £6,736.77 (Six Thousand Seven Hundred and Thirty Six Pounds and Seventy Seven Pence) subject to Indexation to be used by the Council for the provision of off site amenity and green space within Holsworthy Off site parks sports and recreation grounds contribution Means the Sum of £18,944 (Eighteen Thousand Nine Hundred and Forty Four Pounds) subject to Indexation to be used by the Council for the provision or improvement of Off Site Parks Sports and Recreation Grounds within Holsworthy Off site play space contribution Means the Sum of £1,759.75 (One Thousand Seven Hundred and Fifty nine Pounds and Seventy Five Pence) subject to Indexation to be used by the Council for the provision of improvements to child play spaces and the sum of £703.90 (Seven Hundred and Three pounds and Ninety pence) to be used by the Council for thig provision of improvements to youth facilities within Holsworthy.
Directions What3Words – poppy.lamplight.speedily Services It is understood that all mains services are in the local vicinity, but buyers must make their own investigations as to their availability for connection.
Architects Trewin Design, 1 Stanhope Square Holsworthy Devon EX22 6DR - Location Situation The site is located on the edge of the thriving market town of Holsworthy and is well situated within ’The Ruby Country’ positioned between the North Cornwall / North Devon coastline and Dartmoor National Park.
Holsworthy is an iconic Devonshire market town renowned for its weekly markets. The site is close to the town centre, with its busy market square and shops, schools and local taverns.
The town also has a Waitrose supermarket, M & S Food Hall, sports hall, swimming pool and golf course.
The North Cornish coast, with its sandy surfing beaches, dramatic scenery and coastal footpath, is close by and the popular Cornish coastal town of Bude offers much to see and do.
Dartmoor National Park is only 20 miles distance and provides walking and recreational opportunities.
The regional City of Exeter is 45 miles with its mainline railway and bus stations, airport and link to the M5 motorway.
Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Land beside Ingledell, Dobles Lane, Holsworthy
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