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£310,000
Bathrooms
Forbes Estates are extremely pleased to offer for sale this exclusive self-build plot in the pleasant and desirable village of Chipping, available with outline planning consent for the construction of a 3345 sq.ft. home that will command a raised and fine position within the Forest of Bowland with stunning panoramic and spectacular views. Planning consent reference 3/2022/0568 with Ribble Valley Council.
Plot 4 offers a land area of 0.44 acres with planning consent for a 2955 sq.ft. dwelling, plus a 390 sq.ft. garage. (See floor plans attached)
These four only prime plots are approached by a private road from Church Raike, a sought after and prestigious location which is close to the village yet tucked away in a quiet and envious position. The developer (Hodson Homes) will prepare the plots by completing the earthworks, retaining wall, shared drive, site access, electricity and water, surface and foul water drain connections with a manhole in ownership boundary. Each plot will be ready to start foundations from day one of purchase, and ultrafast fibre internet will also be available.
The plot is nestled in a location classed as an Area of Outstanding Beauty in the charming and highly desirable village of Chipping in the Forest of Bowland, surrounded by some of Lancashires finest countryside offering spectacular scenery of lakes and rivers with a nearby country park, and is also within a short distance of the Trough of Bowland.
This is a rare self-build opportunity. The developer is also offering to build your dream home if you require. For further information and to arrange your private viewing of the site, please contact Forbes Estates.
These particulars, whilst we believe to be accurate are set as a general outline only for guidance and do not constitute any part of an offer or contract, all information, drains, plumbing and heating have not been tested. All measurements quoted are approximate. Property to sell? If you are thinking selling your home Forbes offer a free no obligation appraisal with local experienced sales advice.
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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