Land for saleWesley Road, Parkstone
Sold by Us
Investment opportunity. A brand-new development of 6 x Semi-Detached three story town houses, located just off the main Ashley Road in Parkstone, Poole.
The site is due to be built and finished in approximately 12 months' time (October 2017). Each house will comprise of: Open plan living room /kitchen/dining room, cloakroom, 3 x bedrooms and 2 x bathrooms. Private rear garden and a total of 10 x parking spaces. Units 1 - 4 will be 985 sq ft (91.6 sq mt) and units 5 & 6 will be 931 sq ft (86.5 sq mt). The Churchfield lettings department have determined that if all the units were let on AST's the investment would produce £93,600.00 p.a. gross, giving a 5.67% return, based on the asking price. The GDV for the units if sold separately is approximately £1,650,000.00. The site will be offered with a 10-year warranty. The investment will be sold with the benefit of the freehold. Ideal investment opportunity, with minimal future maintenance requirements. For further details please Contact Andrew Hooper. More development and investments on our web site www.churchfield.uk.com
Development or Investment site (s), bought through Churchfield the purchaser is required to retain us at the rate of 1.8% (minimum fee of £2,400) including Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.8% including vat or re-let at 9.6% including vat (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Churchfield are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.8% including vat (minimum fee £2,400 including vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Churchfield having no financial interest.
Churchfield Offer a FREE Selling Service to Vendors of Land and Investments
Map & Street View
Street View is unavailable in this location
Disclaimer - Property reference 1031. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Churchfield Estate Agents, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.
Map data ©OpenStreetMap contributors.