Confidential Sale, Exeter £250,000

Confidential Sale: A prime plot of land poised on the edge of the city, with planning approval expected anyday for the development of six modern two-bedroom bungalows, each spanning approximately 80 square metres. The envisioned bungalows promise contemporary living with amenities including two parking spaces per unit and private gardens. Representing an exceptional investment opportunity in a burgeoning locale, this property is ideal for developers or discerning investors keen on capitalizing on the city's growth trajectory. Detailed information available to qualified buyers upon request.

The Deal
The purchase price is £250,000 and one of the bungalows will need to be built and given to the current landowner. The planning is currently going through so the owner will accept a subject to planning exchange.

GDV
We expect each Bungalow to be worth circa £325,000 once built, so the GDV for the remaining 5 bungalows will be £1,625,000.

Agents Notes
These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.