Florence Road, Lowestoft 4 bed property with land for sale

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Florence Road, Lowestoft 4 bed property with land for sale

Florence Road, Lowestoft
£699,000

Our Summary

  • 52 acre residential development opportunity, situated in sought-after Pakefield just 400m from an award winning beach, and close to local amenities
  • In one of the most sought after areas in Pakefield, close to the beach, this 1/2 acre+ residential/commercial site, has huge development potential and opportunity to add significant value
  • These units offer a glimpse into the area’s history whilst combining an attractive opportunity for residential development STP
  • Development Opportunities - This site lends itself perfectly for development due to the size, layout and location of the plot
  • There is currently no planning permission in place, however drawings have previously been completed to show a fully developed site option, including 12 additional residential units to the existing house, plus parking spaces for each of these units
  • All figures are purely a guide to the potential of the site and all prospective buyers should do their own research on local values and get planning advice if this is something you are looking to undertake

Description

This rare 0.52-acre property in Pakefield, Suffolk, offers a unique development opportunity, combining a four-bedroom family home with commercial potential. The property, available for the first time in over 50 years, boasts a mid-century design, beautifully landscaped gardens, and a rich fishing heritage. The site has huge development potential, with previous drawings showing a fully developed site with 12 additional residential units, parking spaces, and a potential gross development value of £3.5 million. The property is situated in a prime location, close to an award-winning beach, local amenities, and the village's stunning coastline and cultural heritage. The existing family home features a utility room, kitchen/breakfast room, dining room, lounge, bathroom, and four bedrooms, while the commercial buildings offer a glimpse into the area's history and potential for residential development or personal use.
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