Land for Sale in Dinas Powys, Wales

Residential Development Land for sale Dinas Powys

Residential Development Land for Sale in Dinas Powys

Guide Price: 695,000

Size: 2540 m2

Land Type: Residential Development

Planning Permission: Detailed Planning Permission

Land Designation: Undesignated

Seller Last Active: Within the last 19 months

Summary: Development opportunity in a desirable location. Currently the plot has detailed planning permission for 2 large 5 bed detached houses. Further development potential with a 3rd application in progress. Opportunity to change the current site plans

Additional Information: Property is offered at this price based on current planning permissions secured. Further permissions gained may affect the price. JV with developer considered. Self-build plot options will also be considered. Site currently has a bungalow situated at the front of the plot accessed via a steep drive off a narrow lane. The bungalow is to be demolished as a condition of the current planning consent. Property values in the area are variable, however this presents a unique opportunity in a unique location. Local agents estimate the value of the finished properties to be 550k-690k, depending on finish and market conditions at the time. A property next door (in Little Orchard) is currently on the market for 575k and this requires extensive renovation - also it is grade 2 listed which will add further cost and complexity for the new owners. This is a useful benchmark for our plot. PDFs of plans are available upon request.

Directions: Dinas Powys is located 4 miles west of Cardiff city centre

Features Include:

  • Vehicular Right of Access to Site
  • Pedestrian Right of Access to Site
  • Buildings on Site
  • Water Supplied to Site
  • Electricity Supplied to Site
  • Gas Supplied to Site

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These particulars have been produced in good faith but total accuracy cannot be guaranteed. Sizes are approximate. Purchasers should verify availability and any detail of importance prior to viewing and purchase. These particulars are not an offer or contract.