Cleared freehold plot with permission for 26 river-view apartments, ready for contractor start..
- Planning permission granted for 26 units (PA22/03562)
- Freehold, full vacant possession, large rectangular plot
- Many units with panoramic River Tamar views towards Plymouth
- Partial demolition completed; mains contractor electricity live
- CIL payment of £3,325.22 payable on development
- Completion conditional on assignment of tripartite agreement
- Area deprivation and challenged local classification noted
- Slow broadband despite excellent mobile signal
A cleared, rectangular freehold plot on Antony Road with full vacant possession and planning permission (PA22/03562) for 26 residential units (4 x 1-bed, 22 x 2-bed) plus remodelled leisure facilities. The site benefits from direct road frontage, a large plot, and many apartments designed to take panoramic views across the River Tamar towards Plymouth. Partial demolition works have already been undertaken and mains contractor electricity is live to an approved site box, supporting an accelerated start for contractors.
This opportunity suits investors or small developers targeting a coastal town fringe scheme. A projected gross development value of £5,945,000 has been quoted; the scheme includes terraces or balconies on most 2-bed units which increase lettability or sale appeal. The location adjoins convenience retail (Sainsbury’s) and fuel, and has excellent mobile signal plus a vehicular/pedestrian ferry link to Plymouth.
Material considerations are clear and contractual. A CIL payment of £3,325.22 is payable. Completion is conditional on assignment of a tripartite agreement for demolition/replacement of public conveniences (title CL240259) and on Cornwall Council transferring the related freehold for £15,000 on practical completion; £1,500 has been paid as a deposit. The area is relatively deprived with slow broadband and a local classification indicating socioeconomic challenges—factors that will affect pricing, lettings, and marketing strategy.
Buyers should allow for remaining refurbishment and construction costs, follow-up building regulations, and project management of the public conveniences transfer. With planning in place and services on site, the plot is positioned for a developer able to manage legal assignment conditions and local-market repositioning.
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