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£150,000
Forest Lodge Lane, Cwmavon, Port Talbot, Neath Port Talbot, SA13
- 0 beds
£150,000
- 0 beds
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Estimate monthly mortgage payment:
£685 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£7,500
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Located in a desirable location with planning approved for the construction of a four-bedroom detached executive home. The site offers a substantial plot that would allow for a spacious private estate, required to accommodate an executive-style residence.
The approved planning provides a unique opportunity for developers or buyers looking to create a new home tailored to modern specifications. The property is a three-storey plot, enhancing the possibilities for expansive living spaces, and comes with ample off-road parking to support family requirements and guest accommodations.
? The subject land lies to the southern periphery of Cwmavon and is nestled on the hillside above the A4107. Currently vacant pasture, the land benefits from unobstructive mountain views to the north towards and over the settlement of Cwmavon.
? The proposed development is served by and as a continuation of Forest Lodge Lane, currently serving some 26 dwellings and taking its access from a highway's compliant junction to the east off the B4282. The existing junction is more than adequate in capacity terms to account for the number of dwellings anticipated. The existing carriageway which is currently a private maintained roadway includes largely soft verges with intermittent footways and no street lighting.
? The Forest Lodge Development has matured over may years, provides a range and mix of high-quality individual executive homes of character. The maturity and unit design provide a much-desired destination and could by some be considered the "Beverly Hills" of Port Talbot, a location that would be attractive to upper market entrepreneurs both local and inbound movers to the area.
? The site presents a natural extension to the settlement of Cwmavon and the ability to deliver, albeit by small numbers, dwellings to supplement Housing numbers at NPTCBC to under pin the current shortfall from identified LP residential allocations in the near vicinity.
PLANNING REFERENCE - P2022/0543
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
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Mortgage and legal costs:
£999
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