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Land for sale
Plots 1 & 2, Loughborough Road, Ruddington, Nottingham
£675,000
Plots 1 & 2, Loughborough Road, Ruddington, Nottingham
£675,000
Our Summary
- PLANNING GRANTED
- With planning permission already secured, the future here looks bright and luxurious
- The planning permission that is approved has a size for Plot 1 (right plot) at 6,706 sqft, Plot 2 (Left plot) at 6,700 sqft
- This offers a considerable saving on purchasing a new build as you pay no stamp duty on the uplift value
Description
This 0.55-acre plot in Loughborough Road has been granted planning permission to build two luxurious 6-bedroom homes. The approved plans envision two separate dwellings with private entrances, driveways, and landscaped gardens stretching over 21.5 meters. Each home will feature a spacious design with a kitchen/diner/lounge, formal lounge, snug, office, utility room, and six en-suite bedrooms. The properties will also have double garages and sweeping views of Elms Park. The buyer can choose their own builder, and there are significant cost advantages to building a new home, including stamp duty savings, VAT advantages, and community infrastructure levy savings. The final value of the house will exceed the total expenditure on the project, and personalized specifications such as energy-efficient systems and smart technology can be integrated into the build for cost savings.