No longer on the market
This property is no longer on the market
MapLand
Key information
Features and description
- Excellent investment opportunity
- Sought after locality
- Ideal self build potential
- For sale via auction
- Reservation fee required
- Viewing advised
*LAND FOR SALE*
Prime Investment Land Plot in sought after area for sale in Tunbridge Wells .
Ideal self-build potential (STPP).
You are buying the freehold of plot 148 Benhall Mill Road, Tunbridge Wells, TN2 5JW, TQ5937NE (ordnance survey reference) - Approx size is 0.04 Acres (162 sqm)(1742sqf)
Individual Plot of land currently without planning, an opportunity to get a building plot which could potentially benefit from the planning uplift.
Ideal opportunity for those looking to build their own home, the plot could be used for a variety of uses please make your own inquiries with Land Registry, Tunbridge Wells Council and Solicitors.
This plot is part of a larger estate - see site plan. The site has been professionally divided into numbered plots and registered with the Land Registry UK. Original plan available on request.
Many plots have already been sold registered and mapped in the land registry documentation.
Location
Near Nevill Golf Club.
Due to the Governments lifting of planning restrictions this is a good time to invest in this opportunity.
Although nobody can guarantee the outcome of any planning permission we hope this site will take precedent in the local area due to the major lack of affordable housing.
If planning permission is granted for your Development then your property has the potential to increase up to 10 times!
The value of residential land has increased on average, across the UK, by 926% over the past 20 years (source bbc).
The value of land has increased more than fivefold since 2008, outstripping the increase in the worth of the properties overlying it (source The Guardian).
Rooms
Agents Note
Auctioneer CommentsThis property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows buyers to proceed with mortgage finance. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buye
About this agent
