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Lamorrick Development, Lanivet... Residential development for sale
Lamorick Cottage Lamorrick, Lanivet, Bodmin, Cornwall, PL30
£625,000
Lamorick Cottage Lamorrick, Lanivet, Bodmin, Cornwall, PL30
£625,000
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 unique investment opportunity to acquire three prime plots in central Cornwall with planning permission in the final stages. The plots feature two 4-5 bedroom homes and one 3-4 bedroom home, alongside an already established three-bedroom Cornish cottage. The cottage is currently valued at £325,000, while each plot is priced at £100,000, leaving significant margins for profit. Once the final stages of planning are confirmed, the property price is expected to increase significantly, making it an attractive opportunity for developers or builders looking for a good return on their investment. The charming cottage features a welcoming dining room, kitchen, lounge, and three generously sized bedrooms, including a master suite with an ensuite, and offers a private driveway and separate entrance, providing both privacy and versatility.