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£450,000
Offers Over

9 bed land for sale Forest Road, Sutton-in-ashfield, NG17 3BL

9 beds 9 baths Land
Tenure: ask agent

Added today

About this property

A superb opportunity to acquire a consented residential development site in Sutton-in-Ashfield, with planning permission for an attractive purpose-built scheme comprising nine self-contained apartments. The proposed development at 83 Forest Road has been thoughtfully designed to provide modern residential accommodation arranged across ground, first and second floors, with three apartments positioned on each level. The approved layout incorporates nine allocated parking spaces, including accessible parking provision, together with EV charging facilities, secure cycle storage, dedicated bin storage and landscaped external areas.

Key features

  • Development Opportunity
  • Planning Permission for 9 Apartments
  • Nine Self-Contained Residential Units
  • Apartments Arranged Over Three Floors
  • 9 Allocated Parking Spaces
  • EV Charging Provision
  • Planning Reference: V/2024/0120
  • Ideal Developer / Investor Opportunity
  • Landscaped External & Amenity Areas
  • Purpose-Built Residential Scheme

Floorplan

Location

Forest Road, Sutton-in-ashfield, NG17 3BL

Council tax
Band D (Approx £2,609/year)

Mortgage and stamp duty

Property price £450,000
£225k £675k
Deposit10% £45,000
£0 £450k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £405,000 mortgage. Most lenders would want a household income of about £90,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in NG17 3BL. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
121, Forest Road Semi-detachedApr 2022904 sq ft £194/sq ft£175,000
83, Forest Road DetachedNov 20161,087 sq ft £147/sq ft£160,000
91, Forest Road Semi-detachedFeb 2015£140,000
91, Forest Road DetachedNov 2008£125,000
95, Forest Road Semi-detachedFeb 2007936 sq ft £117/sq ft£110,000
Park House, Forest Road DetachedMar 2006£365,000
83a, Forest Road Semi-detachedNov 2005603 sq ft £199/sq ft£120,000
125, Forest Road Semi-detachedMay 2005775 sq ft £67/sq ft£51,750

All sales on Forest Road → All sold prices in Sutton-in-Ashfield →

Area insights

The neighbourhood around this property.

Marketed by
eXp UK, Brad Thompson
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