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£675,000
Bedrooms
Bathrooms
Development Opportunity Substantial Site with Two Existing Dwellings
A rare chance to acquire a prominent site on Maurice Road, ideally positioned between Ouida Road and Delgada Road in a well-established residential area.
The plot measures approx. 121ft wide x 71ft deep, with a primary development zone of around 78ft x 71ft offering excellent scope for residential schemes (STP).
Currently on site are two dwellings: one vacant and one derelict providing clear potential for infill development, reconfiguration, or full redevelopment (subject to planning).
An ideal project for developers or investors looking to maximise the potential of a well-located parcel.
Seldom available early interest encouraged.
A Rare And Versatile Opportunity - Positioned in one of Canvey Islands most established residential roads, this substantial corner plot presents a unique dual-purpose opportunity: a well-proportioned four-bedroom detached family home alongside a generous side plot offering significant development potential (subject to the necessary planning consents).
Whether youre a developer seeking your next project, or a family looking for a spacious home with scope to extend or build beside this is a compelling prospect
Development Potential - Total site width approximately 121ft, maximum depth 71ft
Side garden/plot measures approximately 78ft x 71ft
Ideal for infill development, new build, or reconfiguration subject to planning
Main House Overview - A spacious and well-maintained four-bedroom detached home offering a practical layout with excellent scope for modernisation or further enhancement.
Two reception rooms
Modern fitted kitchen with appliances to remain
Four well-proportioned bedrooms
Ground floor cloakroom and first floor bathroom
Large integral garage (approximately 25ft x 79)
Electric heating and double glazing
Ideal for a growing family seeking space and flexibility in a desirable residential setting.
Agents Notes - The derelict bungalow is believed to contain asbestos.
The seller will not be clearing the site prior to completion.
There have been reports of silverfish within the main house.
All measurements are approximate; buyers are advised to undertake their own investigations.
Contact Us Today - Opportunities like this are increasingly rare. A substantial home with a sizeable plot and future potential perfect for families, developers, or investors.
Richard Poyntz & Co
Telephone:
Email:
Website:
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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