This freehold residential building plot presents a noteworthy opportunity for those looking to invest in a developing area. Spanning a notable 20.5 meters along the public highway and 26.2 meters in depth, the site comes with full planning permission for the construction of two semi-detached houses, each featuring three bedrooms. Located at the heart of Capel Iwan, a quaint rural village community, this property is strategically positioned on the outskirts of the picturesque Cych river valley.
The surrounding area is rich in natural beauty, with easy access to both the varied Ceredigion coastline and the Pembrokeshire Coast National Park. The proximity to Newcastle Emlyn, just 3.3 miles away, offers essential amenities and services, while Llandysul and Cardigan are within a reasonable distance of 11.5 and 12 miles respectively. Additionally, Carmarthen, a key market town and county hub, is located approximately 16 miles to the south.
Planning permission has been granted under Reference Number PL/08450 for the development of these semi-detached homes, providing an advantageous foundation for prospective developers or investors seeking to capitalize on local housing demands. For details about the planning permission process or related documentation, potential buyers can visit the local planning portal or contact our office.
It’s also important to note that there is a unilateral undertaking associated with this property as stipulated by Section 106 of the Town and Country Planning Act 1990 (as amended), which includes an obligation regarding affordable housing contributions totaling £13,902.81. This amount will be required prior to any development commencement.
Utilities such as mains electricity, water, and drainage are accessible from the site; however, interested parties should verify their availability and connection costs before proceeding with an offer. This plot not only serves as an excellent investment but also contributes positively to the ongoing growth and development potential in this charming village setting.
