4 bedroom plot for sale

£1,800,000 Guide Price

4

Bedrooms

4

Bathrooms

Floorplan

Located within walking distance of Tarporley High Street, two schools and a host of impressive amenities, exceptionally rare development site with planning permission granted for seventeen new homes

Comment from Robert Reed of Gascoigne Halman

I worked my first day as an estate agent in Tarporley twenty years ago, on a gorgeous sunny day. Not a day has since passed where I have not been grateful to work in such a fantastic village and it has been greatly encouraging to see it develop, grow, thrive and grow in both activity and popularity.

This is a hugely significant development opportunity within walking distance of Tarporley village centre. The rarity of the opportunity cannot be overstated and I anticipate there will be substantial interest in this remarkable and most interesting site, which extends to circa 1.2 acre.

Planning permission was granted on 3rd April 2024 by CWAC Council under planning reference 23/00075/FUL. Full details and all supporting documentation can be found on the CWAC Planning Portal.

The planning allows for the construction of seventeen new build dwellings, with a pleasing array of property types and styles. These comprise ten three bedroom semi detached dwellings each of 1250 square feet, two detached houses of 1679 square feet and five affordable units with the three bedroom semi detached units extending to 1055 square feet and the mews 670 square feet.

Taken as a collective, the approval allows for 19,978 square feet of space to be developed of which the balance is 15,858 open market and 4120 affordable.
As is noted in the planning officers report (document 23_00075_FUL-OFFICER_REPORT-4469129) the scheme as proposed provides sufficient parking provision, private amenity areas, the retention of a number of existing on site trees and provision of new.

It should be noted that ant variation to the planning granted would be subject to gaining the relevant permissions from Cheshire West and Chester Council.
In assessing the merit of any development site, the prospect of prompt future sales at good end values will be paramount. Close research on Tarporley yields encouraging results in both these regards and if you would like to know more about the village itself or the details of this site, please contact me at the Tarporley office.

Offer submission date and context

Offers are asked to be submitted in writing to Robert Reed of Gascoigne Halman Tarporley Office by Midday on Tuesday 14th May 2024. An e-mail will be an acceptable format for submission. Within the offer, it would be expected that an interested party would set out proposed timescales, detail of funding structure and any relevant terms and conditions.

All offers received will be submitted to the clients and please note, that unless specified to the contrary by the party making the offer, the exact copy of the offer content will be shared with the clients.

Section 106 Payment & CIL
Allotment contribution 2507.50
Amenity Green Space 8364
Bio Div Net Gain 28,107.88
Health Care 18,598
Parks & Recreation 20,068.50
Play Child Contribution 4734.50
Play Youth Contribution 2839
Sports pitch contribution 29,691

Total 114,910.38

CIL payment is being determined by CWAC
Location

Tarporley is one of Cheshires most highly regarded villages that boasts a diverse selection of amenities including a community centre, tennis courts, convenience stores, fashion boutiques, cafes, restaurants, public houses, doctors surgery, dentists, three Churches and a very extensive bus route. There is also a golf course and private gymnasium / swimming pool on the edge of the village.
In terms of education, there is a very popular Primary School in the centre of the village that has in recent times been extended and heavily invested into. This in turn feeds into Tarporley High School, which at its last OFSTED report was awarded `Good. For those seeking Schools in the independent sector, The Grange in Hartford is 20 minutes away and there is also Kings, Queens, and Abbeygate in Chester.

The area as a whole has access to glorious countryside and places of significant interest that include ancient castles, boating facilities on nearby canals and the outstanding Sandstone Ridges of Cheshire. Wonderful walks are provided via the Whitegate Way and Sandstone Trail. Without leaving the village, there is walking distance access to beautiful countryside.

Whilst the area is renowned for its outstanding natural beauty, the house also offers an excellent base for the business traveller. In terms of road links, there are extensive connections to the M56, M6 and M53. The A49, A51 and A55 all link to key areas of commerce and interest.


With regards to railway services, there are stations at nearby Hartford, Cuddington, Delamere, Frodsham, and Chester. All operate on either the Chester to Manchester or Liverpool to London lines. Fast connections can be enjoyed at Crewe railway station, with the service to London Euston taking just over 90 minutes.

Two international airports are located within 45 minutes drive to Liverpool John Lennon International Airport and Manchester International Airport.

Directions

Leave the High Street in the direction of Nantwich and just after the Texaco / Spa take a right turn onto Birch Heath Road. The site will be located on the right hand side, accessed via a no through road just before the bridge. A Gascoigne Halman `For Sale Board will be displayed.
Tenure / Viewings

TENURE We understand the property is freehold tenure

VIEWING Interested parties are free to inspect the site, at their own risk, at any reasonable time of day with a registration of such intent with the selling agent encouraged but not compulsory.

GASCOIGNE HALMAN TARPORLEY

We are proud to be the leading estate agent in the area, with a network of twenty two offices - full contact details can be located on our website. Robert Reed is the manager of the Tarporley office.

The Tarporley team consists of Robert, Pamela, Oliver, Sally, Tresa, Sam, Zoe and Clive - we pride ourselves on being not just professional and efficient but also warm and welcoming. If you are in the village and fancy a coffee, do come in and say hello. We are located at 62 High Street, Tarporley, six premises to the left of Tarporley Parish Church. Our building is a landmark in the village, having above the shop front a beautiful illuminated fully working heritage clock.

NOTICE

Gascoigne Halman for themselves and for the vendors or lessors of this property whose agents they are give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) no person in the employment of Gascoigne Halman has any authority to make or give any representation or warranty whatever in relation to this property

Mortgage Calculator

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 )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1524950

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 45000
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

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.

Annual Costs

£ 174950
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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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.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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