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Pochin Development Site

Wales

£100,000
Listed on 23/06/2024

Property Details

Bedrooms
5
Type
Detached house

Description

This expansive property features five bedrooms and is located in a sought-after area that combines natural beauty with convenient access to essential amenities, schools, and public transport. The surrounding landscape offers stunning mountain views, enhancing the appeal of the site. The property comes with secured planning consent for the development of 12 detached homes. Each home can be designed with various layouts, providing potential for customization to meet diverse tastes and preferences, subject to necessary planning amendments. This flexibility allows prospective buyers or developers to engage with architects and create bespoke designs while adhering to the approved plans. With existing road access already in place, construction will be straightforward, facilitating both builder logistics and future resident accessibility. The high demand for quality housing in this desirable location makes this an intriguing investment opportunity for developers or individuals looking to create their ideal home. Exploring design options within the scope of the granted planning permissions could yield substantial future returns on investment. Site visits can be arranged for interested parties keen on understanding the full potential of this unique offering. This presents a rare opportunity to engage in a prestigious development project in an exceptional setting.

Investment Analysis

(NP22 area)
Area Average
£154/sq ft

Renovation Potential

Est. Renovation Cost
£10,000 - £25,000
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (NP22)

Area prices are rising by +8.4% over the last 12 months
3 year growth: 9.4%
5 year growth: 44.5%
Investment Disclaimer: Analysis based on NP22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pochin Development Site
Map showing location of Pochin Development Site
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