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£2,000,000 Guide Price
Development Opportunity, 20 acre, brownfield site on the Wales/Gloucestershire border.
Numerous outbuildings, warehouse (700m2) workshops, 100+ storage containers, barns.
Potential commercial/residential development subject to the usual consent. Operating logistics business for over 15 years. Established use for light industrial. 800ft road frontage.
Vendor is preferably looking for unconditional offers but will consider subject to planning interest.
Guide price 3million. There is an opportunity to purchase further acreage.
Location:
Monmouthshire is located in the county of Gwent, Wales, four miles west of the town of Coleford, 20 miles north-east of the major city of Newport, 31 miles north-east of Cardiff, and 113 miles west of London. Monmouth lies two miles west of the Gloucestershire border.
Transport
Monmouthshire enjoys exceptional road links via the M4 (from London and South East England) and the M50/M5 (from the Midlands and North) ensuring that much of Britain, including gateway airports and ferry terminals, are within a 3-hour drive.
From London and the South of England use the M4 and the Prince of Wales second Severn crossing or for Chepstow, Tintern and the Wye Valley branch off just past Bristol onto the M48.
There are railway stations at Severn Tunnel Junction, Caldicot, Chepstow and Abergavenny with main line services coming into the area from London (in under 2 hours), Bristol, Birmingham and Crewe.
Wayleaves, Easements & Rights of Way
The land will be sold subject to, and with the benefit of, all existing wayleaves, easements and any public and private rights of way (if any), whether they are specifically referred to in these particulars or not.
Further details upon request.
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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