Terraced house for sale in Orchard Business Centre, North Farm Road, Tunbridge Wells TN2

£10,000
Interested in this property? Call +44 1740 487941 * or Request Details

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Terraced house for sale

Tenure:
Freehold
Council tax band:
Not available

Property features

  • Excellent investment opportunity
  • Sought after locality
  • Ideal self-build potential
  • For sale via auction
  • Reservation fee required
  • Viewing advised

Property description



***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).

Agents Note

Auctioneer Comments
This 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

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For more information about this property, please contact
Dowen, TS21 on +44 1740 487941 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dowen, and do not constitute property particulars. Please contact Dowen for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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