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Property for sale Ricketts Road, Polgooth

For Sale

£500,000

Added yesterday

Tenure: Ask agent

About this property

Property Description Smart Millerson Estate Agents are delighted to bring to market this exciting development opportunity in the popular village of Polgooth. The site benefits from planning in principle for six properties, offering an excellent opportunity for local developers seeking their next project. The proposed development comprises: 2 × two-bedroom semi-detached houses 2 × three-bedroom semi-detached houses 2 × four-bedroom detached houses Each property is proposed to benefit from its own garden and allocated parking, creating an attractive and varied residential development.

Floorplan

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Location

Ricketts Road, Polgooth

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Mortgage and stamp duty

Property price £500,000

£250k £750k

Deposit10% £50,000

£0 £500k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £450,000 mortgage. Most lenders would want a household income of about £100,000 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.