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Lamorick Cottage Lamorrick, Lanivet... Land for sale
Lamorick Cottage Lamorrick, Lanivet, Bodmin, Cornwall, PL30
£495,000
Lamorick Cottage Lamorrick, Lanivet, Bodmin, Cornwall, PL30
£495,000
Our Summary
- You have the opportunity to acquire three prime plots in central Cornwall, with planning permission in the final stages
- With a guide estimated credit value substantially below market value this really appeals to a developer or builder looking for a good return on their investment
- Once the final stages of planning have been confirmed and full planning approved the property price will be revalued significantly over current asking price, so offers are encouraged
- A good-sized bathroom across the hall offers further potential for enhancement
- Planning permission in the final stages
- Potential to be made into a lovely family home
Description
This is a rare opportunity to acquire three prime plots in central Cornwall, with planning permission in the final stages, for a limited-time price of £495,000. The plots feature two 4-5 bedroom homes and one 3-4 bedroom home, alongside an already established three-bedroom Cornish cottage, which has an estimated value of £325,000 after construction. Each plot is priced at £100,000, leaving vast margins for profit, and the estimated value of each development plot will be in the region of £600,000 per property, depending on finish. The property offers a great return on investment for developers or builders, with a guide estimated credit value substantially below market value. The charming cottage has a traditional Cornish character, with inviting spaces, a log burner, and three generously sized bedrooms, including a master suite with an ensuite. With its proposed separate entrance and private driveway, this cottage presents an excellent opportunity to transform it into a spacious and enchanting family home.