Property for sale in Newbury, Ball Hill, RG20 : Newbury : NEW240163

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bedroom development plot, Ball Hill, Newbury RG20 - Available

Ball Hill, Newbury RG20

Guide price £750,000

Kintbury 3.1 miles

Newbury 3.9 miles

Newbury Racecourse 4.5 miles

A very rare opportunity to acquire this parcel of land of just under 2 acres with planning permission for 4 houses, associated parking and gardens overlooking the field behind.

A very rare opportunity to acquire this parcel of land of just under 2 acres with planning permission for 4 houses, associated parking and gardens overlooking the field behind.

Situation:
Ball Hill is a small village just over the county border in North Hampshire. It is surrounded by attractive countryside yet is just a few minutes’ drive from the centre of Newbury (6 miles) and just 2.5 miles from access to the western Newbury by-pass, the A34, which also gives speedy access to the M4 at junction 13. Newbury town offers a good selection of shops and supermarkets. There are plenty of restaurants, cafés, public houses and leisure facilities, including Newbury Racecourse, the attractive Kennet & Avon canal, Vue cinema, Corn Exchange and Watermill theatres. There are arts and sports centres, health and golf clubs, a bowls club, museums and an outdoor market on Thursdays and Saturdays. There are well regarded schools for all age groups and Newbury College, with its campus to the south of the town. There is excellent access to the major road routes of A34 and M4 and the mainline rail station to London (Paddington).

Description:
Planning permission has been granted for 2 detached house and 2 semi detached houses in this beautiful location of Ball Hill. The relevant documents can be viewed via the Basingstoke and Dean website https://www.basingstoke.gov.uk/view-planning-applications using reference 22/02728/TDC.

The gross internal sizes for the houses are as follows:

Plot 1 110 sq m/1,170 sq ft
Plot 2 102 sq m/1,098 sq ft
Plot 3 102 sq m/1,098 sq ft
Plot 4 129 sq m/ 1,372 sq ft

The Plot:
The total plot measures just under 2 acres and is gently sloping in a west facing direction. The land is surrounded by a combination of established hedges and stock proof fencing. Once constructed the houses will have private, westerly facing rear gardens.

Tenure:
Freehold

Agents Note:
Please note the vendor will retain ownership of the strip of land on the left hand side of the site as depicted on site plan 210355-02. It will be the responsibility of the buyer to erect and maintain a fence on the left boundary when viewed from the road between the site and the access strip.

Overage:
The land outside of the planning permission will be sold subject to a 25 year overage reserving 25% of any uplift in value for redevelopment.

Community Infrastructure Levy:
It will be the responsibility of the buyer to pay the CIL which is currently set at £108,000.

Services:
No mains services connected. Purchasers will need to make their own enquiries relating to services to the site but we believe that mains water and drainage is in the road.

Local Authority:
Basingstoke and Deane Borough Council

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

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Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.