Carmarthenshire - 39% Below Market Value Development Opportunity - Click For More Info

Surface size

Bedrooms

6

Bathrooms


Carmarthenshire

08/07/2021

Details
Region: Wales
City: Carmarthenshire
Category: Property for Sale
Seller type: Agency
Property type: House
Number of bedrooms: 6
Date: 08/07/2021

Description
If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940 39% Below Market Value Development Opportunity Land with Planning In Place For 6 x 4 Bedroom Detached Houses Bryncaerau, Kidwelly, Trimsaran, Carmarthenshire, SA17 4DW Gross Development Value = £1,300,000 Market Value = £300,000 Purchase Price = £185,000 Finder’s Fee = £5,000 + Vat For a limited time only, we have exclusivity to a development opportunity which has multiple approved planning applications. These include : Planning approved for 6 x 4 bed detached properties on site in 2010 (now lapsed) Planning also approved for a 5 bed 300sqm bungalow in 2019 At present, there is a large building sat on the plot and there may be scope to simply refurb this into a 5 bedroom and sold back, where prices vary from £250,000 right up to £600,000 - dependant on size and specification. From our research, the average price of 4 bed house in the area is £230,000 - £250,000. As part of the planning permission 1 of the 6 detached dwelling must be sold as affordable housing - to be sold at cost. The current owner has had some initial costings to build out the scheme at a cost per property around £130,000 - £150,000. If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

6 Bds - Ba - m2

Carmarthenshire - 39% Below Market Value Development Opportunity - Click For More Info

Carmarthenshire

08/07/2021

Seller information
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Property Investor App

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