This property represents a significant development opportunity, encompassing over 4.5 acres of land with full planning consent for the construction of 59 new homes. The approved layout includes a diverse range of housing options—two, three, and four-bedroom properties—as well as eleven affordable homes, catering to various market demands and enhancing community inclusivity.
The site benefits from three established access points, making it easily navigable while ensuring connectivity to surrounding areas. Mains services are either available on-site or in close proximity, which facilitates a smoother development process for potential investors. Nestled in the well-connected village of Indian Queens, the location is particularly advantageous due to its proximity to essential amenities, a local school, and a community park that supports family-oriented living.
What sets this opportunity apart is the certainty offered by the indefinite full planning consent already in place; groundwork has commenced to secure the approval further. This not only mitigates risks typically associated with new developments but also positions investors favorably for future returns on investment. Notably, out of an initial 77 planned homes, 18 have already been constructed and sold, leaving 59 plots ready for development.
For developers, the terms for affordable housing units are notably favorable compared to current market conditions, featuring reduced price discounts that can enhance appeal and sales potential. The proposed schemes include a variety of designs tailored to meet diverse buyer needs while maintaining strong aesthetic appeal.
Overall, this property presents a rare chance to tap into Cornwall's housing market with immediate development possibilities and solid investment prospects in a desirable mid-county locale.
