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Two Building Plots, Chapel Lane, Folkingham

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£200,000

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Property summary

Freehold

Excellent potential development opportunity

Lapsed planning for 2 executive family houses

Granted by SKDC on 19th January 2022

Reference S21 / 2203

Delightful quiet location

Historic sought after village

For sale subject to planning

To be applied for by the buyer

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Get in touch

Lucinda Padgett-Blythe

Sales Negotiator

01529 414333

More about the property

Excellent opportunity to purchase a potential residential development site in the heart of this historic and sought after village with lapsed planning for the erection of two individual family homes. The site enjoys a quiet location on Chapel Lane that runs parallel to the Market Place. Folkingham is a charming and pretty village with village store, public house and church but is conveniently positioned for access to a number of surrounding towns including Grantham some 15 miles to the West where there is both A1 road and intercity rail service. It also sits on the A15 affording good access to the City Of Peterborough to the South and Lincoln to the North.

Planning Permission was previously passed by SKDC on 19th January 2022 under reference S21 / 2203 for the erection of 2 houses, double garages & associated site works. The proposed scheme shows two impressive four bedroom, three reception room detached houses with double garages.

LINK TO SKDC PLANNING PORTAL

https://prod.publicaccess.southkesteven.gov.uk/online-applications/applicationDetails.do?keyVal=R1ZZRTONM5H00&activeTab=summary

AGENTS NOTE This planning permission has now lapsed and the site is being offered for sale subject to the buyer re applying for permisision.

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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Property documents

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Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 19 Mbps / Upload: 1 Mbps or less

Superfast: Download: 80 Mbps / Upload: 20 Mbps

Ultrafast: Download: 1000 Mbps / Upload: 500 Mbps

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£1500 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £625,000 and under.

The stamp duty for first time buyers would therefore be £0.

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