This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£400,000
Land/Plot for sale, Frindsbury Road, Rochester, Kent, ME2
LSL Land & New Homes Estate Agents Land
Features and Description
- CLEARED SITE!
- LAND WITH PLANNING FOR 6 FLATS!^
- CLOSE TO LOCAL AMINITIES & STROOD STATION!
- IDEAL INVESTMENT EITHER FOR BUILD TO RENT OR TO SELL!
Land opportunity with planning permission^ situated in a popular central Strood location.
A great chance for a developer to continue the build of 6 new build apartments. Planning permission has been granted to build a mix of x5 one bedroom and x1 two bedroom units with an estimated gross development value circa £1.4m
It's set very close the town centre and the train station and gives easy access to the A2 & historic Rochester - so once built we feel there will be very strong demand for these new homes to either let or sell and if you did choose to rent it could offer gross yields of up to 5.3%.
Planning information available from the Medway Council portal reference MC/20/1318
Link: https://publicaccess1.medway.gov.uk/online-applications/applicationDetails.do?keyVal=QBNY6XKNIJG00&activeTab=summary
^Agents Note - buyers should be advised that the current planning permission was granted on the 24th August 2020. Initial demolition works have been started but further permissions will be required before building commences.
Conditions of Sale - An introductory fee to the selling agent is payable by the eventual purchaser.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We strive to ensure that our sales particulars are accurate and reliable. However, these particulars do not constitute or form part of an offer or contract and should not be relied upon as statements of representation or fact. Any services, systems, and appliances mentioned in this specification have not been tested by us, and we provide no guarantee regarding their operational capability or efficiency. All measurements are intended as a guide for prospective buyers only and are not exact.
Frindsbury Road, Rochester, Kent, ME2
Additional Information
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Property refNHO240149
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TenureFreehold
LSL Land & New Homes Estate Agents Land
LSL Land & New Homes Estate Agents Land
LSL Land & New Homes Land
Unit 4 Aspect Court, Aspect Business Park, Bennerley Road, Nottingham, NG6 8WR
Mon - Fri09.00 - 17.30Sat - SunClosed
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