This well-proportioned site for residential development is located in a prime position of a lively and attractive market town, Tavistock which offers great potential as an investment. The corner plot includes easy access to both Ford Street and Drake Villas, together with proximity to local shops and amenities.
Proposals have been drawn up for a six-unit residential apartment development on the site under Planning Application Ref: 1355/19/FUL, alongside a separate two-bedroom Cottage. The planning permission allows for the apartments with one parking space each across two levels. The entrance leads to a rear parking courtyard with individual spaces for each of the six apartments. The apartments themselves all include open-plan living space and two double bedrooms and four of the proposed units have en suites in the principal bedrooms.
The proposed cottage adjoins 9 Ford Street, and is a well-presented cottage offering a sitting room, dining room, kitchen and bathroom on the ground floor. There is two good sized bedrooms on the first floor, one of which benefits from an en suite.
The site represents a rare opportunity to purchase in a sought-after position in this desirable market town.
The plot is situated in a sought-after position in the historic market town of Tavistock. The town has a variety of amenities including a choice of shops, supermarkets and the ancient Pannier Market, which dates from the year 1105. Schooling in the local area includes two outstanding-rated primary schools – Gulworthy Primary School and St. Rumon's Church of England Infants School, while there is also a secondary school and the independent Mount Kelly. The A30 is 11 miles away, providing access southwest towards Cornwall, and east towards Exeter, while the nearby A386 provides easy access towards Plymouth, the bustling port city, which is 13 miles away.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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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