Six ready-approved two-bedroom bungalows in a mature Sticklepath cul-de-sac, near Barnstaple.
0.90 acre development site with planning for six 2-bed bungalows
GDV approximately £2.25m (scheme-level estimate)
Reserved matters approved 11 Sep 2024 (planning originally 26 May 2021)
Five bungalows with attached garages; one with detached garage
Houses designed on concrete plinths due to historically made ground
Section 106 agreement in place; terms under discussion — potential cost impact
Central cul-de-sac location with shops, supermarkets and Barnstaple nearby
No flood risk; very low crime; fast broadband and excellent mobile signal
A rare development parcel in Sticklepath with full planning and reserved matters approvals for six two-bedroom bungalows. The 0.90-acre site sits within an established cul-de-sac of similar single-storey homes and offers straightforward access to local shops, supermarkets and Barnstaple town centre. GDV is estimated at about £2.25m.
All units are single-storey, modern two-bedroom bungalows of roughly 100 sqm each, with garages (five attached, one detached) and parking illustrated on the approved plans. Ground works are factored into the proposals: the houses are designed to be built on concrete plinths because parts of the site have historically been made up.
Planning was granted by North Devon Council (application 71669) on 26 May 2021 and reserved matters approved 11 September 2024 (reference 78730). A Section 106 agreement is in place and currently under discussion for potential review — budget for contributions or negotiated amendments when modelling costs.
This opportunity suits a small-volume housebuilder or investor seeking a near-term deliverable scheme in a low-crime, affluent area with fast broadband and excellent mobile signal. Buyers should allow for abnormal ground works, confirm utility connections and finalise S106 terms before committing.
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