Two approved bungalows plus extra land — auction sale with development potential..
- Freehold plot with planning P/20/302/FUL for two bungalow-style homes
- Additional adjoining land included; further development possible STP
- Sold at online auction 28 Aug 2025; unconditional sale terms apply
- 5% deposit and 5%+VAT buyers premium payable on hammer fall
- No flood risk; excellent mobile and fast broadband
- Located near Porthcawl coast; good transport links and amenities
- Area classified as very deprived; consider market demand and finance
- Buyers must review legal pack; additional completion costs possible
A substantial freehold plot in North Cornelly offered as one lot with planning reference P/20/302/FUL for two detached bungalow-style homes. The sale includes an additional adjoining parcel, providing room for further development subject to planning. The site is a blank canvas for a small developer or investor seeking a near-coast project with existing planning consent for housing.
Important transactional facts are straightforward: the lot is sold unconditional at online auction (28 Aug 2025) with a 5% deposit on fall of the hammer, a buyers premium of 5% + VAT (minimum fee applies), and legal completion required 28 days after auction. Prospective purchasers must study the legal pack and special conditions carefully; additional costs may be payable on completion.
Location strengths include fast broadband, excellent mobile signal, reasonable access to transport links and proximity to Porthcawl beaches and Kenfig Nature Reserve. There is no flood risk recorded. Conversely, the wider area is classified as very deprived, and any future development will need planning approval for additional units beyond the existing consent. Buyers should allow for planning, build costs, site preparation and confirm services/utilities on site.