Cairn Road, Ilfracombe, Devon, EX34

An opportunity arises to purchase a freehold building plot situated in an elevated location enjoying views over the town towards the countryside. The plot amounts to approximately 1/4 acre and sits in a popular residential location. Planning consent has been granted under application number 77042 on the 3rd October 2023 for a pair of very spacious semi-detached houses with each having 4 bedroom, 3 bathroom accommodation arranged over three floors together with a huge lower ground floor which comprises a double length garage and adjacent workshop/store. In addition, each house has its own private driveway at the front which provides further off road parking. There are also good sized gardens and amenity areas. As the plot sits in an elevated position, there are good far reaching views from the front over the town out towards the Score Valley and countryside and also out towards the sea in the distance.

Each proposed house has accommodation arranged over three floors. The ground floor comprises an entrance hall, a shower room/wc, a kitchen/diner and open plan lounge which has double doors opening onto a balcony/terrace. On the first floor there is a master bedroom with a generous en suite, three further bedrooms and a family bathroom. The lower ground floor is devoted to garaging and and workshop/store area. Starirs lead down from the main ground floor entrance hall into the workshop which sits alongside a double length garage which has a single door out to the front.

The gross internal floor area for each house is approximately 201m2 (2,260ft2) overall, including the large garage and workshop on the lower ground floor. The living areas, across the ground and first floors amount to 122m2 (1,313ft2). The houses have a rendered finish with an attractive brick faced feature under a tiled roof. As mentioned above, outside, each house will have its own front drive with parking and turning space, landscaped areas and a front balcony/terrace and access around to the rear gardens which slope up and away from the house and back on to the Cairn Nature Reserve.

We understand from the vendor that all of the mains services are close by.

The site is located in an elevated position close to the Cairn Nature Reserve which is ideal for dog walkers or a leisurely afternoon stroll. The high street is approximately 1/4 mile away and the sea front approximately 1/2 mile away. There is also good access to the local bus route and the town's park gardens as well.

The proposed semi-detached houses would be popular in today's property market with very good re-sale prospects. We would anticipate a gross development value in the region of £400,000 - £425,000 per house (£800,000 - £850,000 in total). Naturally, final end values will depend on the final specification, quality of finish and market conditions at the time

The full planning application and associated documents for the proposed new semi-detached houses (App No: 77042) are available to view online at www.northdevon.gov.uk by following the 'Planning' links. Alternatively those documents and the plans can be made available upon request.