This rare opportunity presents a freehold building plot in the heart of Felixstowe's town centre, situated between Penfold Road and Hamilton Road. The plot is currently vacant and awaiting planning permission, with detailed plans drawn up for the construction of three self-contained flats, complete with allocated off-road parking. Although planning permission has not yet been granted, the anticipated Gross Development Value (GDV) is estimated to be between £650,000 and £700,000, making this a potentially lucrative investment opportunity for the right buyer.