An opportunity to purchase a plot of land with permission in principle for the construction of two detached dwellings in place of a traditional stable block in an enviable tucked away location.
Centrally located in Ivybridge, this plot offers an excellent opportunity for either a self-build or for a small developer to create two bespoke properties which have level access and are within walking distance to Ivybridge Town Centre and the wealth of local amenities the town offers.
SITUATION Ivybridge is known as the ‘Gateway to the Moors’ as it is positioned on the foothills of Dartmoor National Park and is known as a convenient town to call home thanks to its close proximity to the A38 dual carriageway which gives access into nearby Plymouth and the M5 at Exeter. The town itself provides a wealth of local amenities, most of which are found along Fore Street and within Glanville’s Mill which serves as the main shopping centre for the town. A selection of small shops, cafes, restaurants and pubs can be enjoyed in Ivybridge, along with its many scenic walks along the River Erme which flows through the town centre. Also found in Ivybridge Town Centre is the leisure centre which provides a gym, public swimming pool and squash courts. The area is well served by local schools, with Ivybridge Community College being a highly regarded secondary school.
PLANNING HISTORY Permission in principle has been sought and approved from South Hams District Council Reference - 1123/23/PIP Decision Date - 30th June 2023 The PIP grants planning permission in principle for the siting of two dwellings on the site. As a permission in principle there are no details relating to the design. However it is assumed that the dwellings will be 2 storeys in height and the report is based on that premise. The full detail of the consent is available via the South Hams District Council online portal. Services - Water & Electricity are present
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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