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Property for sale Station Road, Kimberley

For Sale

£90,000

Added yesterday

Tenure: Ask agent

About this property

*** EXCITING LUCRATIVE OPPORTUNITY *** With resale value expected to be in excess of £500,000, this building plot in the heart of Kimberley Town Centre represents a truly exciting opportunity for a local developer to build this apartment block. Planning has been approved for 5 apartments (including top floor penthouse) and the site benefits from a separate secure bike & bin store. These apartments will appeal to the many first time buyers with limited budgets.

Council tax

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Location

Station Road, Kimberley

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Mortgage and stamp duty

Property price £90,000

£45k £135k

Deposit10% £9,000

£0 £90k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £81,000 mortgage. Most lenders would want a household income of about £18,000 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.