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£150,000 OIRO
Council tax band: TBC
Ramsay & White are delighted to present this parcel of land in the sought-after area of Heolgerrig, Merthyr Tydfil, located on Salisbury Close. This prime piece of land comes with outline planning permission (ref: P/24/0090) for two residential dwellings, offering flexible options to suit your development plans. The proposals include both a semi-detached variation and the possibility of a single detached home, providing versatile options to meet market demands.
Potential deal to be bought in conjunction with No.14 Salisbury Close.
Key Features:
Outline planning granted for two residential dwellings
Options include semi-detached and detached layouts, offering design flexibility
Located in a popular, well-connected residential area
Ideal for developers or self-build enthusiasts seeking a promising investment
Situated close to local amenities and with excellent transport links to surrounding areas, this plot offers an exceptional chance to create two quality homes in a desirable community setting.
Situated on the western edge of Merthyr Tydfil, Heolgerrig is a charming and serene village that offers a perfect blend of rural tranquillity and convenient access to urban amenities. This picturesque area is known for its friendly community atmosphere and beautiful natural surroundings, making it an ideal place for families, professionals, and retirees alike.
Scenic Beauty and Outdoor Activities
Heolgerrig is nestled amidst rolling hills and lush greenery, providing stunning views and ample opportunities for outdoor activities. The nearby Brecon Beacons National Park, a short drive away, offers endless possibilities for hiking, cycling, and exploring the great outdoors. Whether you're an avid nature lover or simply enjoy a peaceful walk, the scenic landscapes around Heolgerrig are sure to delight.
Local Amenities and Services
Despite its peaceful setting, Heolgerrig boasts a range of local amenities that cater to the needs of its residents. The village has several local shops, a post office, and cosy pubs that serve as social hubs for the community. For more extensive shopping and dining options, the bustling town centre of Merthyr Tydfil is easily accessible, offering a variety of retail stores, supermarkets, restaurants, and cafes.
Education and Community
Heolgerrig is an excellent place for families, with well-regarded primary and secondary schools in the vicinity. The local schools are known for their strong community involvement and commitment to providing quality education. Additionally, various community events and activities throughout the year help foster a tight-knit and supportive environment, making it easy for newcomers to feel at home.
Transport Links
The area is well-connected by road, with the A470 providing direct routes to Cardiff and other major cities in South Wales. Public transport options, including regular bus services, ensure that residents can easily commute to nearby towns and cities. The Merthyr Tydfil railway station, located in the town centre, offers convenient rail services for those traveling further afield.
Ramsay & White Estate Agents issues the following notice:
1. We have taken reasonable steps to ensure the accuracy of the information provided. However, it is the responsibility of prospective buyers or tenants to verify the accuracy of each detail through their own inspections, searches, enquiries, and surveys.
2. Measurements, areas, and distances are approximate and should not be considered exact.
3. No one employed by or representing Ramsay & White Estate Agents has the authority to make any representations, warranties, or guarantees regarding the properties.
4. The details presented on our website and in marketing materials are intended only as a general guide for potential buyers and tenants. These details do not, in any way, constitute an offer or form part of a contract.
5. All information is provided without liability on the part of Ramsay & White Estate Agents, the vendor, or the landlord.
6. Assumptions should not be made about areas of the property not visible in photographs.
7. Ramsay & White Estate Agents have not tested any fixtures, appliances, fittings, or services within the properties listed. Buyers are advised to confirm all such details independently.
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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