Madley, Hereford

£175,000

Guide price

  • Bedrooms: 3
A Linhay (pronounced Linny) is a traditional open fronted farm building and this fine example has planning to be converted in to well planned three bedroom, three bathroom single storey dwelling with large open plan living/dining/kitchen. Full planning and reserved matters discharged. All boundaries clearly defined, roadways in place ready for top dressing and all services connected to the plot, ready to start work.

Introduction

This large L shaped detached single storey farm building offers tremendous versatility and has been designed to provide space for multi-generational living. The understated exterior belies the scope of the internal space of around 155 sq m (1700 sq ft) which will provide for a spacious open plan living/dining/kitchen, bathroom two double bedrooms and and en-suite. This then opens out in to the west wing which provides a utility room, snug, further double bedroom and en-suite. It is this side of the house which could be utilised as an annexe.

Architecturally the new design takes the best of the serviceable features to create a very practical home with the majority of the windows all facing the courtyard garden.

Serviced plots

The plots come with water and electrics connected as well as connections to foul and surface water drainage systems. Full planning permission is provided along with the discharge of the Reserved Matters including the ecological mitigation plan. Each plot is therefore ready to start development at a time to suit the purchaser.

The foul drainage for all the plots will connect in to a private sewerage treatment plant which will be installed as part of the sale with a management company made up of the owners of the plots set up to administer it following completion.

Funding & Finance

It is possible to use a self build mortgage scheme to finance the purchase of the plot and redevelopment costs, with high loan to value options available. We would be very happy to provide more details on request if this option is of interest to you.

Architects and fees

Firstly there is no stamp duty payable on the purchase of the property which includes the additional 3% levy attached to buying second homes. There could also be additional VAT savings; where a VAT registered builder is used to carry out the conversion, all building works and materials would be subject to the VAT Reduced Rate of 5%' It is important that you confirm the details for Stamp Duty and VAT with your own advisors as exemptions can vary depending on the purchasers circumstances.

CONSUMER PROTECTION FROM UNFAIR TRADING REGULATIONS 2008 (CPR) We endeavour to ensure that the details contained in our brochure are correct through making detailed enquiries of the owner but they are not guaranteed. The agents have not tested any appliance, equipment, fixture, fitting or service and have not seen the title deeds to confirm tenure. All measurements are quoted to the nearest 1/10 metre. All liability in negligence of otherwise for any loss arising from the use of these particulars is hereby excluded.

MONEY LAUNDERING REGULATIONS Require prospective purchasers to produce two original ID documents prior to any offer being accepted by the owners.

* Rightmove Intel - HR1, HR2, HR3, HR4, HR5,HR6, SY7, SY8 LD7, LD8

Arrange viewing 01432 507160

Cobb Amos

14 King Street, Hereford, Herefordshire

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