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Templeton 0.08 Acres of Residential Land Offered at $299,788 in Templeton EX16 8BL

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INVESTMENT HIGHLIGHTS

  • Popular Mid-Devon Village
  • South-Facing Garden
  • Permission to Create Stunning Home

EXECUTIVE SUMMARY

The unlisted Old School House, formerly used as the village school until its closure in 1946, was established in 1875 to accommodate 50 children, both boys and girls, and consisted of a single schoolroom.
Built with natural stone walls and adorned with cut stone quoins, it is topped with a slate roof. The structure still showcases various original Victorian Gothic architectural elements, such as stone mullioned windows and vaulted ceilings. Approval has been obtained for transforming the building into a residential dwelling, and the construction is currently in progress. The property is being sold as a partially completed conversion, with significant renovations already completed.
The approved plans provide conversion of the building into a two-bedroom property over two floors comprising: on the ground floor - entrance hall/boot room (or cloakroom), open plan kitchen, dining and living area with large feature window with glazed doors opening onto a South facing enclosed garden and a bath/shower room (this could be a garden room/office with fully glazed arch topped door to the garden). A winding feature staircase, with storage under, rises to the first floor which comprises two bedrooms, airing cupboard, galleried landing and bath/shower room.
There is further scope to amend the approved plans to suit individual tastes/ needs, for example, to include a third bedroom subject to any necessary planning consents.

PROPERTY FACTS

Price $299,788
Sale Type Investment
Sale Condition Redevelopment Project
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Residence
Total Lot Size 0.08 AC

1 LOT AVAILABLE

Lot

Price $299,788
Price Per AC $3,747,351.85
Lot Size 0.08 AC

Former village school with planning to convert to 2 bedroom dwelling in popular village.

DESCRIPTION

The property is situated in the small village of Templeton with parish church and parish hall/social club. This part of Devon, between Tiverton and Exmoor, is unspoilt but very accessible. It is an area of rolling countryside intersected by small wooded valleys and fields, enclosed by old Devon hedgebanks. The area is renowned for country sports and pursuits, with the Exmoor National Park approximately 10 miles to the north, and North Devon with its rugged coast and popular beaches accessible via the A361. The villages of Nomansland and Rackenford are nearby, with churches, excellent village pubs, and community shop in Rackenford. The Masons Arms at Knowstone, about 5 miles, has a renowned restaurant with a Michelin Star. Tiverton is an old market town with a historic castle, on the banks of the River Exe. There are several supermarkets, a wide range of shops, a district hospital, a sports centre and an 18 hole golf course. There are schools for all ages and in Tiverton there is Blundell's Public School, which offers discounts to local pupils. The area is very accessible with easy access along the A361 to the M5 motorway at junction 27. Beside J27 is Tiverton Parkway Railway Station with fast trains to London Paddington taking approximately 2 hours. The airports of Exeter and Bristol are within an easy driving distance.

  • Listing ID: 28771958

  • Date on Market: 6/16/2023

  • Last Updated:

  • Address: Templeton, Templeton EX16 8BL

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