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4 bedroom property with land for sale
Florence Road, Lowestoft
£750,000
Florence Road, Lowestoft
£750,000
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 opportunity to develop a 0.52-acre residential and commercial site in the sought-after coastal village of Pakefield is available for the first time in over 50 years. The property features a unique mid-century design four-bedroom family home surrounded by beautifully landscaped gardens, as well as two-storey and three-storey commercial buildings/outhouses with a rich fishing heritage. The central workshops on the property offer additional space for commercial or personal use. The property's prime location offers easy access to all the amenities that Pakefield has to offer, including stunning coastline, beautiful beaches, and rich cultural heritage. The site lends itself perfectly for development due to its size, layout, and location, with potential to inflate the GDV to in the region of £3.5M.