Sponsored Find a Solicitor — free quotes via ReallyMoving
Land
Next Steps
Sponsored — free quotes via ReallyMoving
Find a Solicitor
Land purchases need specialist legal advice — compare fees
Price History
Our Summary
- A great investment opportunity with planning permission for the demolition of the existing garages with full planning permission for 4 x 3-bedroom houses all with front and rear gardens and parking
- Planning reference PA25/01601
- There are 2 further garages that are not let so there is potential for the new owner to increase the income
Get alerted when similar properties are listed — Subscribe
Description
This property offers a unique investment opportunity with planning permission to demolish existing garages and build four 3-bedroom houses, each with front and rear gardens and parking. The garages currently generate a rental income of £16,000 per annum, with potential to increase this by utilizing two additional unlet garages. Located in the small village of Heamoor, just one mile from Penzance, the property benefits from easy access to local amenities, including schools, shops, and transport links.
With a short walk to Penzance town centre, this property presents a fantastic opportunity for investors to capitalize on the growing demand for housing in the area.