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Pochin Development Site

Wales

£85,000
Listed on 20/06/2024

Property Details

Bedrooms
3
Type
Detached house

Description

This property is located in an attractive area celebrated for its scenic environment and accessibility. Residents benefit from a variety of local amenities, reputable schools, and efficient transport links, all enhancing daily living. The site features stunning mountain views that add to its appeal. Currently, planning consent has been secured for the development of 12 detached homes. With a range of design options available, there is also flexibility to personalize these designs to meet diverse preferences, pending necessary planning approvals. This adaptability allows potential buyers to collaborate with architects on customizations, ensuring that each home reflects individual tastes. Existing road access simplifies construction logistics and future entry for both residents and builders. The favorable location combined with the high demand for quality housing in this region positions these properties as a promising investment opportunity. Prospective investors or developers are encouraged to explore the design possibilities within the approved parameters. Site visits can be arranged to provide interested parties with comprehensive information about the project. This represents a unique chance to engage in a distinguished development initiative in a highly sought-after neighborhood. Tenure: Freehold

Investment Analysis

(NP22 area)
Area Average
£149/sq ft

Renovation Potential

Est. Renovation Cost
£8,500 - £21,250
10-25% of property value
Monthly Sales
15
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (NP22)

Area prices are rising by +11.4% over the last 12 months
3 year growth: 11.1%
5 year growth: 46.6%
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
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