Guide Price £400,000

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0 bedroom Property for sale

Building Plot, Ellwood, Coleford

  • Property

Key Features

  • Building plot for two five bedroom detached houses
  • Highly desirable and sought after location of Ellwood
  • Excellent development potential with projected site value between £1.1M - £1.3M (subject to specification and market conditions)
  • Spacious Plots designed to accommodate luxury family homes
  • Planning reference- P0486/18/FUL

Description

Hattons Estate Agents are delighted to present a rare and exciting opportunity to acquire a prime building plot in the highly sought-after village of Ellwood. This exceptional site benefits from full planning permission for the construction of two executive three-storey five bedroom detached homes, offering a unique prospect for developers or self-build enthusiasts looking to create stunning, high-end residences in a desirable countryside setting.

Nestled in the heart of the Forest of Dean, Ellwood is a picturesque and well-regarded village that offers the perfect balance of rural charm and modern convenience. The location is ideal for those seeking tranquil countryside living while still benefiting from excellent connectivity to nearby towns, including Coleford, Lydney, and Monmouth. With easy access to local amenities, reputable schools, and a wealth of outdoor pursuits, the area is highly attractive to families and professionals alike.

With full planning permission already granted, this site is ready for immediate development, making it an exciting opportunity for builders and investors. The proposed homes have been designed to offer generous living spaces with a contemporary architectural style, ensuring a strong demand upon completion. Depending on specification and market conditions, the estimated site value upon completion ranges between £1.1 million and £1.3 million, presenting a fantastic return on investment. This is a rare chance to develop two outstanding luxury homes in a prime location.


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The calculator does not include all the costs you will need to pay when taking out a mortgage. Your actual mortgage payments may be higher or lower than the estimates provided by this calculator. The interest rates used in the calculations are subject to change and may not reflect the actual rates available in the market.

Please note that the calculator does not consider changes in interest rates over time, early repayment charges, or any other fees and charges that may apply to your mortgage. You should always seek professional advice before making any financial decisions.

Remember, your home may be repossessed if you do not keep up repayments on your mortgage.

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