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£1,250,000

Rest Bay Close, Porthcawl, Bridgend County, CF36

  • 0 beds
Land

£1,250,000

  • 0 beds
Land
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Estimate monthly mortgage payment:

£5,706 per month

Minimum deposit amount:

£62,500
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ONCE IN A LIFETIME OPPORTUNITY TO PURCHASE WHAT COULD BE THE NO 1 FRONTLINE POSITIONED PROPERTY IN PORTHCAWL!! FIRST TIME EVER FOR SALE, CONSIDERED TO HAVE STRONG REDEVELOPMENT POTENTIAL. SITUATED IN A PRIME AND EXCLUSIVE POSITION WITH FAR REACHING SEA VIEWS OVER THE BRISTOL CHANNEL, REST BAY AND NATURE RESERVE. Highly convenient for Surf School, Cafe and amenities at Rest Bay. The Royal Porthcawl Golf Club is within 1/4 mile and also visible from the property. Development Potential- Pre planning enquiries have been made with BCBC Planning Department regarding demolition and replacing the existing home with 4-6 Executive Style and Exclusive apartments with parking, balconies and gardens (see Artist Impression images). The outcome was positive from the planning department, this correspondence is available on request. The property may also have potential for various Residential Development project types (subject to the necessary planning permission being obtained). The current property occupying the plot will require demolition. Viewings are strictly by appointment. General Information Please be advised that the local authority in this area can apply an additional premium to council tax payments for properties which are either used as a second home or unoccupied for a period of time.
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£5,706 per month
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Stamp Duty tax
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£66,250
Mortgage and legal costs:
£999
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