Plot for sale Gate Hus, North Ness, Lerwick, Shetland, ZE1 0LZ

Plot

New home Tenure: ask agent

Added yesterday

About this property

Reference - KA0673 Occupying a position within North Ness Business Park in Lerwick, this site offers a genuine opportunity to create a new home within easy reach of the town centre, harbour and everyday amenities. The site previously benefitted from Planning Permission in Principle (ref. 2018/357/PPP), granted by Shetland Islands Council on 13 May 2019, for the erection of a two-storey, one-bedroom house, with approved drawings including a location plan and site plan.

Key features

Reference - KA0673
Building plot, North Ness Business Park, Lerwick
Previously granted Planning Permission in Principle for a two-storey house (lapsed, re-application required)
Walking distance to Lerwick town centre and harbour
Core path adjoins site boundary
Offers over £30,000

Floorplan

Location

Gate Hus, North Ness, Lerwick, Shetland, ZE1 0LZ

Open map Street View

Council tax: Band D (Approx £1,488/year)

Mortgage and LBTT

Property price £30,000

£15k £45k

Deposit10% £3,000

£0 £30k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £27,000 mortgage. Most lenders would want a household income of about £6,000 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.