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£215,000 Guide Price
2.36 acres of land for sale in the thriving community Parish of Paulerspury in South Northamptonshire. Paulerspury is a small Parish of around 1000 inhabitants with a thriving and active community. It is situated approximately 3 miles south of Towcester, 10 miles north of Milton Keynes and 12 miles west of Northampton.
Offers are invited for this parcel of land on the outskirts of this very popular South Northamptonshire village that may be suitable for development at some stage in the future, subject to planning permission. The last application was refused in 2014, full details of the scheme and decision note are available from the selling agent. Only unconditional offers are being invited at this stage.
The plot can be viewed externally from the access off Lumber Lane at any reasonable time.
Documents relating to previous applications are available to view in the online data room, please contact the Breckon & Breckon Witney office for access.
PLANNING APPLICATIONS:-
S/2010/0106/OUT Refusal for outline application for 5 units Submitted 29th January 2010 Refused
S/2014/0339/OUT Outline application for 3 dwellings Submitted 7th March 2014 Refused Appeal submitted 17/09/2014 but withdrawn shortly afterwards
Your property may be repossessed if you do not keep up repayments on your mortgage.
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Monthly Payment: £ 8,216.87
Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.
Your home may be repossessed if you do not keep up repayments on your mortgage.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
Final Equity Profit = Final Property Value - Mortgage Required - Investment
Cumulative Rental Profit = Annual rental profit x Time of Investment
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
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