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4 x New Building Plot Development Site, Fengate Road, West Pinchbeck

£350,000

Sold STC

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Property summary

Freehold

Planning for 4 x New Dwellings

A traditional Farmyard aesthetic

GIA 916 m2 (9,856 sqft) (excl. garages

Set in an area of 0.23ha (0.59 acres)

Full planning granted – H14- 0851-24

Semi-rural Location on the edge of the village

Views to the south over open farmland

No affordable units

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Get in touch

Lewis Brooks

MNAEA

Director of Residential Estate Agency and New Homes

01775 717360

More about the property

The opportunity to purchase a small development site with the benefit of full planning permission for four new homes. The Planning permission is to be built in the aesthetic of a traditional farmyard. The Development site was originally the farm’s main Storage building and extends in area of 0.23 ha (0.59acres). The Building has been removed and the site is now clear.

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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.

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: 6 Mbps / Upload: 1 Mbps or less

Superfast: Download: 49 Mbps / Upload: 9 Mbps

Ultrafast: Not Available

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.

£7500 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 £2500.

Accommodation

Location & Situation
The plots are situated 2.8 miles northwest from the market town,
Spalding with great amenities such as schools and a shopping outlet, 9.9 miles
west from Holbeach and 10.2 miles east from the town, Bourne.

Access
is form the Public highway on Fengate Road.

Planning Permission
The approved planning permission is for the demolition of farm
building and the erection of 4 x new dwellings including new access and change
of use of agricultural land to residential.

Full details of the permissions can be viewed on South Holland
District Council’s website under the reference:

H14-0851-24

https://planning.sholland.gov.uk/OcellaWeb/planningDetails?reference=H14-0851-24&from=planningSearch

There are no
affordable units in the permission

Services
The site has:

Water – a separate Water meter to the yard

Electricity and a three-phase supply, but the
developer will need to install Foul drainage system tank. There is no gas.

Conditions of Sale/Covenants
To protect the value of the vendor’s retained land
the vendor will enforce a covenant to ensure that no noisy, nor offensive
businesses are conducted from the properties being sold.

Wayleaves, Easement & Rights of Way
The property is sold subject to and with the
benefit of all existing rights of way, whether public or private, light
support, drainage, water and electricity supplies and all other rights and
obligations, easements, quasi-easements and all wayleaves whether referred to
or not in these sales particulars.

Method of Sale
The freehold interest is being offered for sale by
Private Treaty.

Plans, Areas & Boundaries
The areas and plans attached to these particulars
have been produced in good faith. They are for illustrative purposes only and
their accuracy is not guaranteed.

The successful purchaser will be deemed to have
full knowledge of all boundaries and neither the vendors nor their agents will
be responsible for finding the boundaries for the ownership thereof.

Viewings
Prospective purchasers wishing to view the
property should make an appointment through the selling agents. Given the
potential hazards of the property, we would ask you to be as vigilant as
possible.

Agents
Joint Listing with Will Barker & Co

Mortgage affordability

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