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Studio, in Anstyes Cove Road, £4,000,000
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Land

Anstyes Cove Road, Torquay, Devon TQ1
Land Planning
£4,000,000

Our Summary

  • Prime location development opportunity
  • Planning for a large residential scheme
  • * Prime location development opportunity * guide £4,000,000 - £6,000,000, An exciting scheme providing 90 homes, including 68 apartments across three sensitively designed 4–5 storey buildings and 22 houses, with 7 already complete
  • This demand will be further explored with the appointed agents, with the potential to utilise and convert this existing buyer pool to support future sales
  • PlanningThe Ilsham Grange site benefits from resolution to grant planning permission (subject to S106 – Ref: P/2024/0693) and accompanying Listed Building Consent (Ref: P/2024/0694) for its comprehensive redevelopment into a high quality coastal residential community

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Description

The property comprises 16.64 hectares (41.1 acres) of land with several former buildings associated with the use of the site as the former Stoodley Knowle School. The site includes 68 apartments across three 4-5 storey buildings and 22 houses, with 7 houses already complete. The development is situated in Torquay, a seaside town in South Devon, and has begun construction with significant progress achieved, including the completion of foundations for several new-build dwellings, the erection of structural frames for apartment blocks, and the refurbishment of existing buildings.

The site offers sea views overlooking Lyme Bay and has strong market demand, with resolution to grant planning permission and accompanying Listed Building Consent for its comprehensive redevelopment.