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Penny Hill Road, Holbeach, Spalding, Lincolnshire, PE12 7RT

£540,000Freehold

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 1800Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Superb Development Opportunity
Full Planning Permission Granted
Planning Reference HO9-0857-24
Six Luxury Four Bedroomed Dwellings
Plans/Drawings Available

Description

Nestled on the sought-after Penny Hill Road in Holbeach, Spalding, this exceptional building plot presents a remarkable development opportunity for discerning investors and developers. The land is strategically located in a popular area, making it an attractive prospect for future luxury dwellings.

The vendors have obtained full planning permission for six exquisite units, designed to cater to modern living standards. The proposed development includes four units of the HTA style, each boasting a generous 1992 square feet of living space, alongside two units of the HTB style, offering a comfortable 1668 square feet. This thoughtful design ensures that each dwelling will provide ample room for families, with a focus on both style and functionality. Planning Ref HO9-0857-24
With its prime location and the promise of luxury living, this plot is poised to become a highly desirable residential community. The surrounding area is well-regarded, offering a blend of local amenities, schools, and transport links, making it an ideal choice for potential homeowners. This is a rare opportunity to invest in a promising development that is set to enhance the local landscape. Whether you are an experienced developer or looking to embark on a new project, this building plot on Penny Hill Road is not to be missed. Seize the chance to create a stunning residential development in a thriving community.

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University Academy Holbeach
(0.39 miles)
Good
Number of pupils: 1318
Age Range: 11 - 18
Holbeach Primary Academy
(0.5 miles)
Good
Number of pupils: 299
Age Range: 4 - 11
The Holbeach William Stukeley Church of England Voluntary Aided Primary School
(0.82 miles)
Good
Number of pupils: 295
Age Range: 4 - 11
Holbeach Bank Primary Academy
(0.99 miles)
Good
Number of pupils: 63
Age Range: 4 - 11
Fleet Wood Lane School
(2.12 miles)
Requires improvement
Number of pupils: 178
Age Range: 4 - 11
Whaplode Church of England Primary School
(2.22 miles)
Good
Number of pupils: 191
Age Range: 4 - 11
Gedney Church End Primary School
(2.73 miles)
Good
Number of pupils: 75
Age Range: 4 - 11
The Holbeach St Mark's Church of England Primary School
(3.4 miles)
Good
Number of pupils: 41
Age Range: 3 - 11
The John Harrox Primary School, Moulton
(3.75 miles)
Good
Number of pupils: 254
Age Range: 5 - 11
Lutton St Nicholas Primary School
(4.43 miles)
Good
Number of pupils: 101
Age Range: 4 - 11

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
£2,701 /mo.25 Years, 4.5% Interest
Loan
£486,000
Total Repay
£810,404

Stamp Duty

You’ll have to pay the stamp duty of:
£17,000
0% up to £125,000
2% from £125,000 to £250,000
5% from £250,000 to £540,000
Your effective stamp duty rate is 3.15%

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