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£1,100,000

Glanamman, Ammanford, Carmarthenshire, SA18

  • 0 beds
Land

£1,100,000

  • 0 beds
Land
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Estimate monthly mortgage payment:

£5,022 per month

Minimum deposit amount:

£55,000
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For Sale: Est. 4.2 acres of gently sloping building land with picturesque views over the Black Mountains. Located in the highly desirable area of Glanamman, this site is conveniently situated a short distance from Ammanford and local amenities. The land comes with pre-planning permission and detailed planning submitted for 30 bungalows. It features a highly desirable low-density development of bungalow properties with a Gross Development Value (GDV) potentially in excess of ?9,000,000 (Predicted; and any buyer will need to do their own estimates and fact check current market conditions - Peter Morgan Group take no responsibility for the figures). There is also an option to purchase the remaining 8 acres, with potential for an additional 60 units, subject to planning permission (STPP). The current proposal includes 30 new dwellings along with associated roadworks and infrastructure. This land is within the development limits of Garnant as defined in the Carmarthenshire Local Development Plan (2014), where it is allocated for 28 houses under reference T3/8/h1. The layout, while reflecting urban character, aligns with the spatial character of the village, accommodating an attenuation drainage basin which affects overall density. Clarification is required on affordable housing provisions and the large garden allocation for the annex unit on Plot 9. Additionally, adjustments are suggested to improve plot arrangements between Plots 14-18. No five-bedroom dwelling is included in the current layout, but changes to dwelling types are anticipated as planning progresses. This site represents a prime development opportunity in a sought-after area. For further details and viewing arrangements, please get in touch.
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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£51,250
Mortgage and legal costs:
£999
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