Initial price	£795,000
30/09/23	£750,000
08/01/25	£699,000
Price Change	-12.08%

This rare 0.52-acre residential development opportunity in Pakefield, Suffolk, offers a unique chance to add significant value to the property. The four-bedroom family home, with its mid-century design, is surrounded by beautifully landscaped gardens and features a central location just 400m from an award-winning beach. The property also includes two commercial buildings/outhouses with a rich fishing heritage, as well as central workshops providing ample space for various uses. With no planning permission in place, the site has huge development potential, with previous drawings suggesting the possibility of 12 additional residential units, bringing the gross development value to around £3.5 million. The property's location in the heart of Pakefield, close to local amenities, makes it an attractive opportunity for residential development.