Terras Road St. Stephen, St. Austell £300,000

This building site has detailed planning consent to construct a terrace of four dwellings consisting of two x two bedroom houses and two x three bedroom houses. The site is very accessible and water, drainage and electricity are close by. We have a proven track record of recently selling four new builds very near to the site and expect demand to be strong for the finished houses. All details can be viewed on the Cornwall Council planning portal under reference number PA22/03321. We estimate the GDV (Gross Developed Value) to be in the region of £1,000,000 (based on current market demand in May 2023) if two units sell for circa £275,000 and the other two units sell for £225,000 (These figures are intended as a guide and are of course subject to change with the market and finished build quality / specification). If you are looking for a site that's ready to build out in an area with strong demand for the finished houses this is a fantastic opportunity.

Terras is a small hamlet at the edge of St Stephen which is a popular and very well served village approximately 6.5km from St Austell. St Stephen has at it's heart a pretty church and gorgeous pub with a warm welcome and traditional food. The village has a very highly thought of academy secondary school and is well catered for with convenience shops and takeaways etc. In the centre of the village there is a large recreation ground with facilities for cricket, football and bowls.

The site is freehold and we understand that water, electricity and mains drainage are close by.

Clive Pearce Property, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements of fact. 2 It should not be assumed that the property has all necessary planning, building regulation or other consents and Clive Pearce Property have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. 3. Photos and Videos: The photographs and/or videos show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Any computer generated image gives only an indication as to how the property may look and this may change at any time. Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. Information on the website about a property is liable to be changed at any time.