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Pochin Development Site

Wales

£220,000
Listed on 21/06/2024

Property Details

Bedrooms
5
Type
Detached house

Description

This property offers a unique opportunity for renovation and investment in a sought-after area characterized by its natural beauty and accessibility. Located near essential amenities, reputable schools, and convenient transport links, this site is well-positioned for both residential living and future development. Currently, the property is in the early stages of construction, available for purchase as a partially built structure that includes the shell and roof. This foundational work presents a significant advantage for potential buyers looking to put their personal touch on a home or investment project. One of the standout features of this site is its approved planning consent for the construction of 12 detached homes. With various design options already outlined, there remains flexibility to modify these plans, allowing buyers to adapt layouts and aesthetics according to their preferences—subject to obtaining necessary planning approvals. Interested parties are welcome to collaborate with architects during this process, ensuring that every future residence can be customized to reflect individual styles. Accessibility is another key element; the existing road infrastructure simplifies construction logistics and ensures ease of entry for residents once completed. Coupled with the captivating mountain views that enhance the property's appeal, this location is primed for quality development. Given the area's demand for housing and premium homes, this property presents an attractive investment prospect. With further exploration of design possibilities within established planning frameworks, potential investors—whether developers or individuals seeking to build their ideal home—can capitalize on this rare chance to participate in an emerging community. For those interested in advancing their plans or visiting the site, more detailed information is readily available. This represents a compelling opportunity to engage in a prestigious development project in an exceptional locale. The tenure is freehold.

Investment Analysis

(NP22 area)
Area Average
£151/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (NP22)

Area prices are rising by +5.4% over the last 12 months
3 year growth: 4.3%
5 year growth: 36.0%
Investment Disclaimer: Analysis based on NP22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£806
Based on a loan of £165,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE