Large edge-of-town site with planning for multiple homes and strong redevelopment potential.
Grade II Listed Victorian model farm with listed conversion consent
Wellparks is a rare development parcel on Crediton’s edge: a Grade II Listed Victorian model farm with 1.69 acres, listed consent for conversion to 17 dwellings plus permission for three new-build units. The site sits on the A377 with direct access, strong road links to Exeter (c.7 miles) and good local amenities, making it suitable for a developer or investor focused on residential sales or managed accommodation.
The scheme benefits from granted Listed Building consent (ref 22/00068/LBC, 28 July 2023) and no CIL liability. Consent is subject to 10 conditions, including a Section 106 monitoring fee of £7,667, and the three new-build units require submission of full details within three months of commencement. Mains services are available nearby or on site; the additional three units will rely on private drainage tanks and soakaways.
Buyers should factor in the challenges of a listed conversion: the farmhouse and outbuildings require significant renovation; listed status will impose conservation constraints and likely higher refurbishment costs. The vendors may consider joint venture arrangements, which could suit developers seeking partnership routes rather than sole purchase. VAT has been elected by the owners — seek specialist tax advice.
Practical site positives include excellent mobile signal, generous communal grounds and rural outlooks, off-street parking/garage provision and proximity to schools, rail on the Tarka Line and regional leisure attractions. Broadband speeds are reported slow; all purchasers must verify technical and statutory service details independently.
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