Maesyfelin, Lampeter SA48

This development site presents a noteworthy investment opportunity in a sought-after residential area just outside Lampeter's town centre. With outline planning permission granted for the construction of up to four dwellings, this flat land spans approximately 0.2 acres and is accessible from the adjacent Maesyfelin residential development. Previously utilized as a builders yard, it features an old corrugated iron storage building, which could be removed or repurposed as part of your development plans. The site’s location offers convenient walking distance to local amenities, enhancing its appeal for potential homebuyers. Planning consent includes a section 106 agreement mandating a contribution towards affordable housing, equating to 10% of the project's gross development value – an important consideration for investors. Overall, this is a rare chance to capitalize on residential demand in Lampeter while contributing positively to the community.