POTENTIAL DEVELOPMENT SITE, Exeter, Devon, EX2

THE LAND

This c. 0.26 acre parcel of land is located just to the south of Cowick Street in central St Thomas, Exeter. The land currently comprises a relatively level concrete/gravel public car park, generating an income for the present owner. To the south of the land are terraced residential houses on Powderham Road, to the west is part of the St Thomas social club, to the north is a mixture of residential and commercial buildings (2 and 3 storey) which were granted planning approval in 2017 on the site of a former garage, and to the east the land offers frontage onto Old Vicarage Road.

Interested parties may wish to note that the vendors submitted a pre-application enquiry to Exeter City Council in March 2025, with a proposal for the development of 3 no. 3 storey, 3 bed townhouses and 4no. 1 bed apartments with associated amenity and parking. The pre-application response commented "...the use of the site for some form of residential application would be acceptable subject to the provision of full details and a Flood Risk Assessment...". The site is located within Flood Zone 3 and therefore the houses on Old Vicarage Rd were proposed with parking at lowest level and habitable accommodation above. To the rear of the site (West) the site levels increase, and it was proposed to provide apartments over 2 storeys, built above the designated flood risk level. As well as the possibility of residential development, interested parties may also wish to consider alternative commercial uses of the land, subject to any requisite consents.

EXETER

Exeter is consistently rated as one of the best places to live and work in the UK, Exeter offers a high quality of life in a beautiful city combining modern facilities with a sense of the past. Founded by the Romans in 55AD the city has a long and eventful history and today is home to some 130,000 people and is the country town of Devon and the heart of a travel to work area of over 470,000 residents.

METHOD OF SALE

The freehold site is being offered for sale with offers invited from a Guide Price of £260,000 - the vendor is seeking unconditional, subject to contract offers. The Agents are also advised that there will not be VAT applicable to the sale price.

SERVICES

Interested parties are advised to contact the relevant service providers prior to making any offer to check the availability and capacity of required mains services in in the area.

VIEWING

Strictly by appointment only - please contact KLP to arrange a viewing.

PLANNING

There are currently no planning approvals applicable to the site but as mentioned opposite, there has been a pre-application enquiry made to Exeter City Council which received a broadly positive response.