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£185,000

Parkenbutts, St. Columb Minor, Newquay, TR7

  • 4 beds
Bungalow

£185,000

  • 4 beds
Bungalow
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Estimate monthly mortgage payment:

£845 per month

Minimum deposit amount:

£9,250
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SUMMARY: We are delighted to present a superb investment opportunity in St Columb Minor, Newquay. This property consists of a derelict, fully detached bungalow on a generous plot, accompanied by approved planning permission for the demolition of the existing structure and the construction of two semi-detached new build houses. It is an appealing prospect for self-builders and developers seeking to harness the potential of this prime location.

Situated in a picturesque and historically rich part of the village, the property enjoys a peaceful ambiance with sweeping views of the surrounding open countryside, including the iconic church steeple. Local amenities, such as a village pub, park, and schools, are conveniently nearby, and the beautiful Porth beach is just a short walk away, providing easy access to a coastal retreat.

The existing two-bedroom bungalow has reached the end of its usable life and is ready for demolition. The site is accessible, ideal for material deliveries, and benefits from essential mains services, including water, electricity, and drainage. Gas supplies are also available nearby, potentially allowing for future gas connection to the plot.

The approved plans encompass two 2-bedroom semi-detached houses with economic design features. Furthermore, there is potential to exercise permitted development rights, which could enable the expansion of these houses into two 3-bedroom residences in the future. Buyers also have the flexibility (post purchase) to revise and customise the plans to their preferences before resubmitting for approval.

This property is offered with vacant possession and no ongoing chain, presenting a unique opportunity for those looking to embark on a development project in a charming and well-connected village location.

Full plans and all related documents are available on Cornwall Councils Planning Portal, simply search using the planning application number PA22/10433

Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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