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£800,000

Fen Lane, Dunston, LN4

  • 0 beds
Land

£800,000

  • 0 beds
Land
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Estimate monthly mortgage payment:

£3,652 per month

Minimum deposit amount:

£40,000
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The New Homes Agent is delighted to offer to the market this turnkey development opportunity in the highly sought after location of Dunston, just 20 minutes from the city centre of Lincoln.

Full planning permission has been obtained for 8 dwellings. Full technical drawings have been produced and are available upon request.

The vendors are also open to discussion regarding a second phase which has outline planning permission granted for 5 dwellings.

The vendors are open to joint venture proposals.

Location

Dunston is a highly sought-after village, just a 20-minute drive from the city centre of Lincoln. Dunston, with an array of historical and charming stone-built homes, mature treelines throughout the village and an enchanting beck flowing through the centre, benefits from a popular pub, the Red Lion, multiple community churches and a village hall with regular community-based activities. Nearby Metheringham has the benefit of a Co-op food store as well as additional pubs/restaurants and an outdoor swimming pool. The city of Lincoln is within easy access and has all the amenities of a major Urban area, with a buzzing shopping district in the centre of town with bars, clubs and both major restaurant chains and small independent boutique eateries. There is also a thriving university which is driving the local nightlife as well as other aspects of the local economy. Lincoln is a city on the rise, with local prices set to soar over the next decade due to a mass of inward investment into the city.

Property/Area Type

The property extends to a total of 1.32 acres and is predominantly level and regularly shaped paddock land. There are no buildings on the site that require clearing.

Planning

Planning permission has been granted by North Kesteven District Council for the erection of 8 homes, two of which are to be affordable units. These are a pair of two-bedroom semi-detached homes for which full plans and a RICS valuation report has already been made available. The two affordable units are to be accessed directly from Fen Lane, whilst the remaining six detached units are to be accessed via a private road, which will not be subject to adoptable standards. A separate information pack is available on request. Ground investigation report, technical drawings (design & layout, drainage, foundations, surfacing & roads) and SAP calculations are all available to view.

Key Information

TenureFreeholdVATNo VAT is chargeable on the saleGuide PricePrice available on applicationLegal CostsEach party is responsible for their own legal costsViewingsWith no prior arrangement, the property is available to view throughout daylight hours. An accompanied viewing can also be arranged through The New Homes Agent.

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Your estimated purchase costs

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Stamp Duty tax
These figures are estimates and are provided for guidance only
£27,500
Mortgage and legal costs:
£999
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Property details

£800,000

property for sale

Fen Lane, Dunston, LN4

The New Homes Agent is delighted to offer to the market this turnkey development opportunity in the highly sought after location of Dunston, just 20 minutes from the city centre of Lincoln.

Full planning permission has been obtained for 8 dwellings. Full technical drawings have been produced and are available upon request.

The vendors are also open to discussion regarding a second phase which has outline planning permission granted for 5 dwellings.

The vendors are open to joint venture proposals.

Location

Dunston is a highly sought-after village, just a 20-minute drive from the city centre of Lincoln. Dunston, with an array of historical and charming stone-built homes, mature treelines throughout the village and an enchanting beck flowing through the centre, benefits from a popular pub, the Red Lion, multiple community churches and a village hall with regular community-based activities. Nearby Metheringham has the benefit of a Co-op food store as well as additional pubs/restaurants and an outdoor swimming pool. The city of Lincoln is within easy access and has all the amenities of a major Urban area, with a buzzing shopping district in the centre of town with bars, clubs and both major restaurant chains and small independent boutique eateries. There is also a thriving university which is driving the local nightlife as well as other aspects of the local economy. Lincoln is a city on the rise, with local prices set to soar over the next decade due to a mass of inward investment into the city.

Property/Area Type

The property extends to a total of 1.32 acres and is predominantly level and regularly shaped paddock land. There are no buildings on the site that require clearing.

Planning

Planning permission has been granted by North Kesteven District Council for the erection of 8 homes, two of which are to be affordable units. These are a pair of two-bedroom semi-detached homes for which full plans and a RICS valuation report has already been made available. The two affordable units are to be accessed directly from Fen Lane, whilst the remaining six detached units are to be accessed via a private road, which will not be subject to adoptable standards. A separate information pack is available on request. Ground investigation report, technical drawings (design & layout, drainage, foundations, surfacing & roads) and SAP calculations are all available to view.

Key Information

TenureFreeholdVATNo VAT is chargeable on the saleGuide PricePrice available on applicationLegal CostsEach party is responsible for their own legal costsViewingsWith no prior arrangement, the property is available to view throughout daylight hours. An accompanied viewing can also be arranged through The New Homes Agent.