Overview
- Land and Development
Description
Location
The site comprises a level triangular parcel of land directly behind Green Gables. Standing as it does adjacent to nearby and ongoing residential development it is considered a good opportunity to acquire an attractive site within this well regarded location.
The existing owners have undertaken a viability assessment and an architect has drawn up indicative plans of three blocks of apartments totalling twenty units of 50 sqm each (538 sq ft) resulting in some 1,000 sqm (10,764 sq ft) of residential accommodation.
The indicative plans drawn up and nearby growth in residential housing clearly demonstrate the potential for further development on the site. At this stage, no formal discussions or pre-application advice has been obtained from the local planning authority and we therefore anticipate this sale will be on a subject to planning basis.
Summary
Key points
- Indicative scheme drawn up for 20 self-contained apartments in three blocks
- Established well-regarded residential area with other sites being built nearby
- Offered for sale at £350,000.
- The land is available to purchase at £350,000.
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
