Building Plot in the Gower Wales

Outline Planning for a Detached House

The site is set amid detached and semi detached homes with a mixture of traditional and new.
This site is set in the popular village of Three Crosses rarely does an opportunity to acquire such a
large piece of ground for so little money come available. The site is within a short distance to the
beautiful beaches of Caswell and Langland bays and set in the Gower, Britain’s first area of outstanding natural beauty.
The site is relatively flat and benefits from outline planning consent for a detached dwelling.

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Investment & Exit Routes
The units have a strong ready rental market, they lend themselves to creating a strong portfolio .
From a resale perspective this type of portfolio has a number of key points which would be attractive to an investor.
. High Yield
. Stable rental base with proximity of major employer and mobility of employees creating a
vibrant rental market.
. Strong resale market to owner occupiers
. No issues with over development and supply of new build stock in area.
. Strong demand for quality modern housing in area.
Vendor and Contract terms
Administrator requires proof of funds prior to acceptance, a number of parties are bidding on the
site and the attached offer is indicative of the level required at present to purchase the site.
Completion based on offer with deposit with completion thirty days thereafter.

Rentals are strong within this sought after area and would expect to obtain around £1000 PM

A detached 4 bedroom home should re-sell for
around £350,000.

Price £ 95,000