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Studio, in Mill Road, £180,000
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Land

Mill Road, Okehampton EX20
Derelict Land Planning
£180,000

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Price History

Initial price £200,000
Current price £180,000
Price Change 0.0%

Our Summary

  • Potential for residential development
  • Description Currently with light industrial useage and with scope for residential development this parcel of land will no doubt attract investors looking for something to either add to their portfolio of add value with a residential scheme
  • There is currently a derelict single storey building on the site with access from Mill Road via some double gates
  • The latter is looking into planning permission for a residential scheme with details available via the wdbc planning portal
  • It has not been used for circa 35 years and currently has a derelict single storey former garden centre building, concrete hardstanding and overgrown areas
  • Outbuildings (16m x 8m) There is a single storey derelict outbuilding within the grounds
  • Planning We believe that planning permission was obtained in 1988 and again in 1992 for a number of dwellings
  • We are awaiting previous planning documents to confirm what was granted

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Description

This parcel of land is currently being used for light industrial purposes, but it also presents an opportunity for residential development, making it attractive to investors looking to add to their portfolio or create value through a residential scheme. The site, which has been allocated as a brownfield site in the local plan, features a derelict single-storey building with access from Mill Road via double gates. With its potential for redevelopment, this property is likely to generate significant interest from investors and developers looking to capitalize on its untapped potential.