£525,000 /Sale price

Proudly presenting a unique investment opportunity in the heart of Scraptoft, an exquisite parcel of Development Land comes to the market showcasing full planning permission for two detached dwellings. Spanning a sprawling 0.4-acre plot, inclusive of an access road, this prime real estate promises unparallelled potential for visionary developers and astute investors alike.The masterfully designed Plot 1 unveils a grandeur of 288 square metres (3100 sqft), embodying a luxurious living experience with 7 bedrooms and 6 bathrooms. Embracing an essence of modernity, this residence boasts a spacious open plan layout encompassing a sprawling kitchen, living area, dining space, and an additional spice kitchen to elevate the culinary experience.Commanding attention, Plot 2 encompasses a palatial 349 square metres (3756 sqft) of space, with 7 bedrooms, 6 bathrooms, and a host of opulent amenities. This residence epitomises sophistication with its expansive open plan kitchen, living, and dining area, complemented by a supplementary spice kitchen to cater to the discerning gourmet. Elegantly appointed with a garage and a lavish dressing room, every facet of this dwelling exudes a superior standard of living.Beyond the existing expanse lies an auspicious opportunity to acquire an adjacent plot of land, positioned for further development subject to planning approval. This additional 0.2-acre parcel presents prospective buyers with the exciting prospect of expanding their through the creation of two more dwellings with proposed sizes at 2200 sqft each, further enhancing the investment potential and maximising the returns on this exceptional offering.Conveniently located within very sought after area of Scraptoft, this meticulously planned development land stands poised to raise the bar. Planning reference number of 24/00016/VACAnticipating a Gross Development Value ranging from £1.975M to £2.05M for the proposed two dwellings, this property presents a compelling proposition for those seeking a lucrative investment. The amalgamation of prime location, meticulously planned layouts, and the potential for further expansion renders this opportunity a beacon for property developers with a discerning eye for unmatched opportunities.