Summary - POTENTIAL DEVELOPMENT SITE, Exeter, Devon, EX2 EX2 9BJ
1 bed 1 bath Plot
Freehold plot c.0.26 acres (approx. 11,326 sq ft)
A rare freehold parcel of c.0.26 acres in central St Thomas, Exeter, offered with a guide price of £260,000. The site is currently a hardstanding public car park producing income and sits between residential terraces and mixed commercial/residential buildings, with frontage onto Old Vicarage Road. A March 2025 pre-application response from Exeter City Council indicated residential use could be acceptable subject to full proposals and a Flood Risk Assessment.
The vendors considered a scheme of three 3-storey, 3-bed townhouses and four 1-bed apartments; no planning permission has been granted. The site lies in Flood Zone 3, so any residential scheme will need careful design (parking/planting/ground levels) and a Flood Risk Assessment. Utilities availability and capacity have not been confirmed — purchasers must verify services before offer.
This plot will suit developers or investors able to progress a planning application or explore commercial alternatives. Strengths include a sizeable central footprint, existing rental income from parking, fast broadband and excellent mobile signal, and proximity to local amenities and schools. Material drawbacks are the absence of planning approval, flood risk constraints, high local crime levels, and potential remediation or groundworks associated with the existing hardstanding surface.
Offers are invited unconditional (subject to contract) from the guide price. Interested parties should allow for planning costs, design work, a Flood Risk Assessment and enquiries into services and local constraints when assessing viability.
Residential development for sale in 88 Buller Road, Exeter, South West, EX4 — POA • 1 bed • 1 bath
Commercial development for sale in Residential Development Opportunity, St Thomas Centre, Exeter, EX4 — £23,107 • 1 bed • 1 bath • 5135 ft²
Land for sale in City Centre Car Park and Development Site, Southernhay, Exeter, Devon, EX1 — £3,000,000 • 1 bed • 1 bath
Commercial property for sale in Exeter City Centre Car Park, 2 Southernhay Gardens, Exeter, EX1 1SG, EX1 — £3,000,000 • 1 bed • 1 bath • 1223 ft²
Land for sale in Cecil Road, Exeter, EX4 — £120,000 • 2 bed • 1 bath • 524 ft²
Plot for sale in Exwick Road, Exeter, EX4 — £80,000 • 1 bed • 1 bath • 2000 ft²
