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17 Cornmarket, Pontefract
£300,000
Nestled in the charming village of Allerton Bywater, Castleford, this prime piece of land on Leeds Road presents a remarkable opportunity for those looking to invest in a promising location. Spanning a generous area, the land offers a blank canvas for a variety of potential developments, whether you envision a residential project, commercial venture, or even a combination of both.
''FREEHOLD BUILDING PLOT''EXTENDING TO 0.18 HECTARES (0.44 ACRES)''APPROVED OUTLINE PLANNING PERMISSION''TWO PAIRS OF THREE BED SEMI-DETACHED''ONE FOUR BED DETACHED''PLANNING REF- 19/01059/OT''
This freehold building plot extending to 0.18 hectares (0.44 acres) of land with outline planning permission for the erection of FIVE dwellings compromising; two pairs of semi detached three bedroom properties and a singular four bedroom detached property. All will have a driveway for parking and gardens.
Use PLANNING REF - 19/01059/OT for access to Leeds City Council planning portal.
VIEWING IS ESSENTIAL TO FULLY APPRECIATE THE POTENTIAL OF THE PLOT ON OFFER. RING US 7 DAYS A WEEK TO BOOK A VIEWING. WE OPEN UNTIL 8PM MONDAY TO THURSDAY, 5.30 FRIDAYS, 5.00 SATURDAYS AND 11.00 - 3.00 SUNDAYS.
Development Land -
Proposed Site Layout -
Proposed Dwelling - Four bedroom detached with parking and garden.
Proposed Dwelling - Two pairs of semi detached three bedroom properties with parking and garden.
Making An Offer - In order to comply with the Estate Agents (Undesirable Practises) Order 1991, Park Row Properties are required to verify 'the status of any prospective purchaser... This includes the financial standing of that purchaser and his ability to exchange contracts'. To allow us to comply with this order and before recommending acceptance of any offers, and subsequently making the property SOLD each prospective purchaser will be required to demonstrate to Park Row Properties that they are financially able to proceed with the purchase of the property.
We provide truly Independent Mortgage Advice. Unlike many companies we are not tied, and more importantly not targeted to any Lender. We have instant on-line access to over 1000 mortgage deals provided by over 100 Lenders ensuring we are unbeatable when identifying and recommending your new mortgage or re-mortgage requirements.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it. Written quotations available on request. Life assurance is usually required.
To arrange a no obligation appointment please contact your local office.
Opening Hours - CALLS ANSWERED :
Mon, Tues, Wed & Thurs - 9.00am to 8.00pm
Friday - 9.00am to 5.30pm
Saturday - 9.00am to 5.00pm
Sunday - 11.00am to 3.00pm
TO CHECK OFFICE OPENING HOURS PLEASE CONTACT THE RELEVANT BRANCHES ON:
SELBY -
GOOLE -
SHERBURN IN ELMET -
PONTEFRACT -
CASTLEFORD -
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.
17 Cornmarket, Pontefract
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