- 2 bedroom detached bungalow in 1/2 acre plot +
- Potential remodelling of existing bungalow (stpp) +
- Potential building plot within the grounds (stpp) +
- Superb development opportunity +
- Offered for sale with no onward chain +
- Sea views +
- Sale by Informal Tender +
FOR SALE BY INFORMAL TENDER ALL BIDS IN WRITING BY 5:00 PM ON THE 17TH JUNE 2024. A superb development opportunity subject to any relevant planning permissions. Situated in approximately 1/2 acre plot.
An exciting opportunity to purchase this 2 bedroom detached bungalow which is situated in approximately 1/2 acre plot.
The plot itself is relatively level, yet within an elevated position with views across Ilfracombe and out towards the sea beyond. The views could be further enhanced with the potential for a 2 storey property and also cutting back some of the boundary trees and bushes.
In our opinion there are several possibilities which would all be subject to the relevant planning permissions (we understand no planning has been applied for in the past).
A purchaser may look to keep the existing bungalow and completely remodel increasing the overall size, possibly turning into a detached house. In addition a buyer may looked to keep and refurbish the existing bungalow as an annexe for income or a dependent relative and look at planning for a separate detached home within the grounds. Equally there maybe the possibility of removing the existing property making way for a small development.
The bungalow itself is in need of some updating including refitting of kitchen and bathroom. The property does benefit from Upvc double glazing and gas central heating via a modern combination boiler.
'Ruscot' is a convenient location, close to local schools and being just a short walk way. Up the hill to Tesco's being Ilfracombe largest supermarket. Further afield are the word class beaches of Woolacombe & Croyde. Barnstaple as the regional centre is approximately 12 miles distant.
AGENTS NOTE: All main services connected.
AGENTS NOTE: The property is for sale by Informal Tender and subject to probate being granted.
All sealed bids are to be placed in writing by the 17th June which time they will be opened and considered. Please include proof of funds for purchase. If the funds are from a property sale please include your Estate Agency and solicitors details.
Please note that a decision on a winning bid may take a couple of days whilst considered by the relevant parties.
All bidders will be notified once a decision has been made.