A rare to market riverside bungalow and LAND DEVELOPMENT OPPORTUNITY set on the Topsham waterfront with direct access and views to the River Exe.
Retreat Bungalow and its Development Site hold a unique riverside position measuring an approximate total 0.929 acres (0.376 Hectares), with direct views and access to the River Exe. Retreat Bungalow has been in ownership of the family for 41 years, making a rare and exceptional prospect for either a home owner looking to secure a riverside property, or a developer seeking for a Topsham and riverside development opportunity.
The Bungalow
The bungalow, whilst in need of some modernisation, measures just over 1,410 sq ft and enjoys views directly onto the river. An entrance porch and hallway leads to the kitchen breakfast room and separately the sitting / dining room that opens into a sun room. All three rooms are south westerly facing and have views of the river, with the hallway and sitting / dining room having Solid Oak Flooring throughout. Further along the hallway there are three double bedrooms with wood flooring and the family bathroom, with a rear door giving access to a utility and storage room. Separately there is a double garage and storage sheds to the side of the bungalow.
A right of way access road leads to the entrance gateway for Retreat Bungalow that opens onto a driveway offering parking for four or five cars. The bungalow is set within 0.36 acres of garden separately to the development site and enjoys direct access and gently slopes down to the river. From the sun room, there is a raised patio terrace holds views over the south west facing garden and to the river.
The Development Site
Separately measuring approximately 0.565 acres (0.229 Hectares) of the total 0.929 acres and surrounding Retreat Bungalow's garden, the development site currently has outline planning permission for three detached houses. The access and layout for the site has only been considered to date, with the current owner originally seeking outline planning permission separately for the development site only. Further amendments and applications for planning permission could be pursued to include the whole 0.929 acres site with the Retreat Bungalow area.
Please find the existing Outline Planning Permission with Exeter City Council Ref.20/1140/OUT for three dwellings, including access and layout (appearance, landscaping and scale reserved for future consideration) on land adjacent to Retreat Bungalow, Retreat Drive, Topsham, EX3 0LS on 17th December 2020.
View payable Stamp Duty for this property
A truly unique opportunity for a developer or homeowner to acquire a riverside property and development site fronting the River Exe in Topsham.
Nick JaneProperty agent