An idyllic plot of land approx. 0.72 acres with planning permission for two detached properties with another dwelling being applied for.
There is potential to construct additional properties on the land subject to planning Current Planning Permission Approval Number is 19/0053/1, however, we propose to construct three in total.
The plot is an elevated plot with beautiful views overlooking the Rhondda Valley.
Research shows that properties constructed to the style and standard as illustrated in the artists view of how the land can be developed sell on average for approximately £325k to £350k each.
The vendor was in the process of applying for planning to construct a third property on the land for themselves but due to poor health has decided to sell the whole parcel of land instead.
Proposals for Three Dwellings
| Purchase Price | £60,000.00 |
| Design and Structural Surveys / Costs | £ 28,450.00 |
| Land development / Site Works | £140,000.00 |
| Build Costs per house £120k ea | £360,000.00 |
| Total | £588,450.00 |
| Resale Value for Three Dwellings | £950k – £1,050k |
| Approx Projected Profit | £361k – £461k |
Ardwyn Tce – Costs
Architectural – Allow For
| Pre-Planning | Cost |
|---|---|
| Architectural Services / Allow for… Design Feasibility / Survey and Options: | £3,500.00 plus vat |
| Planning Application Fee / Submission Approx Subject to the final design: | £1,800.00 plus vat |
| Embankment Clearance for the survey: | £1,850.00 plus vat |
| Further site Survey of embankment: | £800.00 plus vat |
| After Planning Approved | Cost |
|---|---|
| Construction Drawings Production of design of construction/working drawings for the properties: | £3,500.00 plus vat |
| Building Control application and fees | £1,500.00 plus vat |
| Embankment Clearance for the survey: | £1,850.00 plus vat |
| Further site Survey of embankment: | £800.00 plus vat |
Ground / Site Infrastructure Services – Allow For
Some aspects of the following reports will be needed Pre-planning and some after planning approval.
| Ground investigation reports and surveys Retaining Wall design, structure and calculations Suds, Saps, Superstructure Highway Design and Application Street Lighting | £15,500.00 plus vat |
| Pre-Building Fees | £28,450.00 |
