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40 Ocean View Road - St Petroc's School 26,036 SF Specialty Building Offered at $1,582,831 CAD in Bude EX23 8NJ



INVESTMENT HIGHLIGHTS
- Prime location in the centre of Bude
- Walking distance to the local beaches and amenities
- Collection of renovation and new build properties
- 6 Open market houses
- Planning permission granted
EXECUTIVE SUMMARY
Freehold for sale at a guide price of £850,000.
A rare opportunity to purchase a development site for 6 open market dwellings on one of the most sought-after roads in Bude. Reserved matters planning has been given for the construction of four new 3 and 4 bedroom, detached dwellings, and the renovation of the original school building into a pair of semidetached, 4 bedroom homes.
The site current features a range of additional buildings, which would need to be demolished to make way for the new properties, and an area of front and rear gardens.
Due to the popular location and scarcity of new properties on this road there is expected to be strong demand for the finished homes with healthy GDV once completed (estimated values available on request).
The site offered for sale is for the first 6 dwellings as laid out in the Phased site plan found under the planning documents as - PHASE_PLAN-8569478
Arguably the most sought-after residential street within the town, Ocean View Road is within walking distance of popular sandy beaches, stunning coastal walks, public houses, restaurants and the towns 18-hole links golf course.
Bude town centre is within easy distance and offers a wide range of commercial, education and recreational facilities including primary and secondary schools, range of independent and national shopping outlets and supermarkets.
The A39 ’Atlantic Highway’ is around 1 mile away and provides excellent road access north to the larger towns of Bideford and Barnstaple. Barnstaple offers modern shopping stores, theatre, hospital, technical college and access via the North Devon link road to the M5.
A rare opportunity to purchase a development site for 6 open market dwellings on one of the most sought-after roads in Bude. Reserved matters planning has been given for the construction of four new 3 and 4 bedroom, detached dwellings, and the renovation of the original school building into a pair of semidetached, 4 bedroom homes.
The site current features a range of additional buildings, which would need to be demolished to make way for the new properties, and an area of front and rear gardens.
Due to the popular location and scarcity of new properties on this road there is expected to be strong demand for the finished homes with healthy GDV once completed (estimated values available on request).
The site offered for sale is for the first 6 dwellings as laid out in the Phased site plan found under the planning documents as - PHASE_PLAN-8569478
Arguably the most sought-after residential street within the town, Ocean View Road is within walking distance of popular sandy beaches, stunning coastal walks, public houses, restaurants and the towns 18-hole links golf course.
Bude town centre is within easy distance and offers a wide range of commercial, education and recreational facilities including primary and secondary schools, range of independent and national shopping outlets and supermarkets.
The A39 ’Atlantic Highway’ is around 1 mile away and provides excellent road access north to the larger towns of Bideford and Barnstaple. Barnstaple offers modern shopping stores, theatre, hospital, technical college and access via the North Devon link road to the M5.
PROPERTY FACTS
| Price | $1,582,831 CAD | Building Class | C |
| Price Per SF | $60.79 CAD | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 26,036 SF |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1950 |
| Property Subtype | Schools |
| Price | $1,582,831 CAD |
| Price Per SF | $60.79 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 26,036 SF |
| No. Stories | 3 |
| Year Built | 1950 |
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40 Ocean View Road - St Petroc's School
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