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£525,000

Farrington Road, Paulton, Paulton, BS39

  • 0 beds
Other

£525,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£2,397 per month

Minimum deposit amount:

£26,250
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Description - We are delighted to be able to offer this exciting development opportunity for a parcel of land situated to the rear of Rocklands on Farrington Road in Paulton, which benefits from full planning consent for six 3 storey, 3/4 bed dwellings (all matters reserved).

When this development is complete it will provide a selection of quality homes with gardens and parking close to local amenities and within easy travel distance of the Cities of Bath and Bristol.

The site currently comprises of the remnants of a building to the rear and a garage to the front. There is a large mound of stone which may be able to be utilised. it will be the responsibility of the purchaser to clear any remaining structures and groundworks to make the site level. The topography has a slight gradient, and access is via a shared driveway.

Cooper and Tanner Midsomer Norton residential office will be well placed to comment upon the local market and provide guidance on potential completed development sales prices. But parties must undertake their own investigations and satisfy themselves in respect of potential scheme end values.

Planning - Planning was approved on 4/11/2024, further details regarding the planning consent are available from the selling agent or can be found via the Somerset (BANES) Council online Planning Portal using reference 23/01721/RES. Interested parties must satisfy their own planning investigations.

Location - Paulton is a large village located to the north of the Mendip Hills and is one of the largest in Bath & North East Somerset. Paulton is a former coal-mining village and the name Paulton is thought to have derived from the word ‘peall’ meaning village on the hillside. The village has some fantastic amenities, including a small Hospital and Minor Accident department, a Doctor’s surgery, various Nurseries, Paulton Infant and Junior Schools, a Swimming Pool, Library, Café, Shops, Supermarket, Vet, Dentists, Restaurant, Takeaways, Pubs, Fire and Ambulance stations. There are many groups and clubs active in the village, including sport, socialising, educational subjects and spiritual needs, providing many opportunities to get involved with the community.

Plot Details - All 6 dwellings will be 3 storeys

Unit Type

Plot 1 - 4 Bedrooms, plus parking for 2 cars

Plot 2 - 4 Bedrooms, plus parking for 2 cars

Plot 3 - 4 Bedrooms, plus parking for 2 cars

Plot 4 - 4 Bedrooms, plus parking for 2 cars

Plot 5 - 4 Bedrooms, plus parking for 2 cars

Plot 6 - 4 Bedrooms, plus parking for 2 cars

Agents Note - bedroom 4 in each plot is described as bedroom 4/study.

CIL (Community Infrastructure Levy) - There will be a CIL payment due of £118,000. This will be the responsibility of the purchaser.

Method of Sale - For Sale by Informal Tender “Best Bid” offers are invited by midday (12:00) on 11 April 2025 and sent by email, as an attachment, to [email protected] with the subject line clearly marked as Confidential Tender –Plot with Full Planning, Rocklands, Paulton. Additional information is available from the selling agent.

Viewings - Strictly by prior appointment with Cooper and Tanner.

Tel. 01373 455060. Please note this is a former working yard and suitable precautions and care should be taken during viewings.

Local Council - Bath and North East Somerset Council

Services - New mains water and electric supply required and private drainage system. Prospective purchasers must satisfy themselves as to the location and capacity of any services.

Tenure - Freehold. Vacant possession upon completion.

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