Surrounded by beautiful parish communities, this land ready for residential development is surrounded by a bustling local community on one side; and Exeter; the administrative and commercial centre of county Devon on the other.
Direct access to Midland and the South East via M5 and Wales and London via M4 motorways. Land is ideal for large scale development with guaranteed ROI. With local properties valued at £190,000—£250,000 real estate mirrors UK market in
Detailed information
The site is unique in the sense that the adjoining land is certified as a “Site of Local Interest for Nature Conservation”. Therefore competing investors are not allowed to purchase the adjoining site and the site may be used for various purposes to take advantage of the economic strengths of Exeter and adjoining Teignbridge district.
Exeter is home to the UK Met Office (Weather Office), University of Exeter and Devon County Council, these three are also the largest employers in the area. Despite Exeter’s penetration of large businesses and a modest tourism trade there is still demand for development in the area with rising house prices.
The residential market in Exeter and the surrounding area generally follows the national picture and therefore remains relatively buoyant. The location of the area and hence demand for properties remains good due to its location with relatively good access for commuters into Exeter.
Planning permission is under way to develop 1500 residential properties along with public services and a super store. Nearby residential developments adjoining the site are valued at £250,000 for a 3 bedroom standard development.. If planning permission is approved then the price of the land will increase to £60,000,000 instead of the present £16,000,000 as valued by the Royal Institution of Chartered Surveyors.
1500 residential units produced on this land will fetch a market value of £375,000,000. Excluding surveying costs, construction and development cost, this is a ROI of over 2300% on the initial investment. We at Dubai Dreamz are offering this exclusive investment opportunity to our international investors for a discounted value of £16,000,000.
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