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£1,000,000 Offers in excess of
Bedrooms
Bathrooms
We are pleased to offer for sale this plot of land with a view for a residential development subject to full planning permission being granted but unconditional offers would also be considered . The site is approximately 0.9 hectares (ha) in size and is now considered to be white land with the local council. The site sits in a predominantly rural location, with open fields to the north and west, and a small amount of residential development to the south and east. The development proposed is the build of approximately nine dwellings consisting of three 4 bedroom houses and six with 5 bedrooms, with access to be taken from Neills Road. Please contact the office for more information on the development by calling .
Site Details - The Site extends 0.90 ha (2.23 acres) and is located in Bold, approximately 4km south east of St Helens town centre. The site comprises an L shaped parcel of land which wraps around the rear of the dwellings along the north of Douglas Avenue. The site stretches east to west with a narrow access road connecting to Neills Road to the east and the parcel wrapping around the dwellings and connecting to Rose Hill Farm to the south west. There are a small
number of trees within the site and some larger trees scattered along boundary edges amongst hedgerows. The site is contained by open and flat agricultural fields to the north and west, whilst the east and south is contained by residential dwellings and the south west is Rose Hill Farm. The site appears generally flat with views north and north west into the flat open agricultural fields. Douglas Avenue is a small hamlet of dwellings west of Neills Road with
Bold Industrial Park to the north east and Rosehill Avenue further south which is another small road providing access for a small number of residential dwellings.
Site Access - The site currently benefits from access to Neills Road with sufficient width to accommodate a private driveway to serve a small number of units. As per the extract from St Helens Highways for Adoption 4.12 (right), the minimum requirement for the full width of the access would be 6.9m which can be provided within the site boundary. It is therefore proposed that a 4.5m wide road, 2m wide footpath and a 0.5 service strip be provided, giving a total width of 7m carriageway construction.
Public Transport - The site is adjacent to bus stops situated along Neills Road where services 39, 141 and 755 stop. Hourly services run in both directions towards St Helens to the north and Earlestown or Vulcan Village to the south. The St Helens Junction rail station is situated a 1.8km walk north west of the site and provides hourly services to both Liverpool Lime Street and Manchester Airport.
Shops And Services - There are limited shops and services within walking distance of the site. Wades Once Stop Convenience Store is an 800m walk north of the site. The convenience store is within a small parade of shops which includes a caf and salon.
Station Road is a 1.8km walk north west of the site in Sutton and provides a wider range of services including Sutton Oak Post Office, numerous cafes and a convenience store. There is also an Aldi situated at Marshalls Cross, a 3.7km walk from the site.
Education - There are a small number of primary schools within circa 1.8km of the site. These include St Annes Catholic Primary School (Ofsted rating 3- requires improvement), Sutton Oak C of E Primary School (Ofsted rating 2- Good), St Paul of the Cross Catholic Primary School (Ofsted rating 2- Good) and Burtonwood Community Primary School (Ofsted rating 1- Outstanding). St Curtberts High School (Ofsted rating 2- Good).
Employment - Bold Industrial Estate is a 100m walk north east of the site where there is a range of industrial and commercial business. Furthermore, Reginald Road Industrial Estate is to the west of the site and is a 1.6km walk. This industrial estate hosts a broad range of business including Springfield Modular, Foodpack and Brave Design- a bedroom furniture store. Within 2km of the site there are other smaller employers including restaurants and bars (The Wheatsheaf, The Clock Face Pub and Restaurant and Station House Caf), Burtonwood Brewery, Newbold Convenience Store and many other small businesses. There is a healthy presence of employment opportunities within a sustainable distance of the site. Furthermore, the sites association with the St Helens Junction rail station shows the sites strong connectivity with other urban centres including Manchester and Liverpool.
Map location is not available for this property.
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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