Property for sale in Headley, Newbury Road, RG19 : Newbury : NEW240291

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bedroom development plot, Newbury Road, Headley RG19 - Available

Newbury Road, Headley RG19

Freehold

Guide price £790,000

Thatcham 2.3 miles

Newbury Racecourse 3.1 miles

Newbury 3.5 miles

An exciting opportunity to purchase a single building plot of 2 acres with planning permission for a substantial 5,500 sq.ft house with the benefit of the construction having started with approximately £150,000 already spent to start the construction.

Description:
Basingstoke and Deane planning department granted permission on 27th August 2020 for the construction of a substantial individual detached family home on this 2 acre site. The reference via the Basingstoke and Deane planning portal is 20/00550/FUL where all the relevant documents and plans can be viewed. The present vendor has already started the construction process and therefore the permission is now implemented in perpetuity. The completed house would be approximately 5,554 ft.² and there is scope for the property to be extended into the roof space to create additional accommodation. The works undertaken so far include – the foundations have been constructed, the damp proof course installed, and drainage and takeaways created. All this work has been in line with the conditions in the planning permission and the cost of the work so far has been approximately £150,000. The fact that this work has been completed means that this is a perfect opportunity for somebody who would like to buy an ‘oven ready’ plot which they can complete without any delays due to the works that have already been completed.

Outside:
The plot is situated at the end of an unadopted lane and is approximately 2 acres in total, including a small lake situated to the rear of the site.

Services:
Mains drainage, electricity and water is available in this location

Local Authority:
Basingstoke & Deane Borough Council

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.