Land Glass Street / Hillchurch Street
Stoke-on-trent
Offers Over
£1,800,000
Tenure: Freehold
Ref: UTR109082
- Council tax exempt
- Freehold development site within close proximity to the potteries shopping centre in hanley
- Detailed planning ref: 64665/ful granted 25/11/2020
- Demolition of existing building and erection of 220 build to rent residential units (use class c3).
An opportunity to acquire a Freehold development site within close proximity to the Potteries Shopping Centre in Hanley, Stoke-on-Trent. Detailed Planning Ref: 64665/FUL granted 25/11/2020. Demolition of existing building and erection of 220 build to rent residential units (Use Class C3).
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Council Tax Band: G
Tenure: Freehold
in detail
An opportunity to acquire a Freehold development site within close proximity to the Potteries Shopping Centre in Hanley, Stoke-on-Trent. The site in question is currently made up of 3 separate titles (SF440867/SF158976/SF32196) and totals 0.56 acres in size. Access is gained from Glass Street but also partially fronts onto Hillchurch Street. Prospective purchasers are advised to satisfy themselves as to the availability of services to the site. The detailed planning application with the reference 64665/FUL was granted on the 25th of November 2020. Said application is for the demolition of existing building and erection of 220 build to rent residential units (Use Class C3) with ancillary residential facilities, car parking and landscaping. A full schedule of accommodation for the proposed scheme is available upon request. A Certificate of (existing) lawful development has been granted (70525/CLE) to confirm the demolition of the building on site has commenced lawfully.
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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE
QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR
MORTGAGE.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY
AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU REMORTGAGE.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.