01392 243077
Francis Louis House, Belmont Road, Exeter, Devon, EX1 2HF
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Awliscombe, Honiton Offers in Excess of £500,000

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A unique opportunity to purchase this building plot for 5 properties. The site is a mixed site of two Open Market 4 bed detached properties, two affordable rent properties and 1 shared ownership property. There is also a further field in behind this development that is being sold as part of the deal and offers the chance for further development (subject to planing). When a developer sells the affordable rent and shared ownership properties they would normally expect to achieve circa 80% of the Open Market value for the home (This is subject to change and market conditions). We anticipate the GDV of the site to be £1,668,000 and this includes the deductions for any reduction when selling the social element of the site. The planning number is 19/0101/FUL


GDV

Plot 1 - £560,000 Plot 2 - £540,000 Plot 3 - £230,000 (net figure £184,000) Plot 4 - £250,000 (net figure £200,000) Plot 5 - £230,000 (net figure £184,000)

Disclaimer

These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.


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Awliscombe
Honiton EX14 3PJ
County: Devon
Sale Type: For Sale
Ref #: 00000276
Adam Friend
Francis Louis (Exeter) Limited
P: 01392 243077
01392 243077
Francis Louis House, Belmont Road, Exeter, Devon, EX1 2HF
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