This property has been taken off the market.

House For Sale Loraine Way, Ipswich, IP8

£200,000

1 of 10
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 24th May 2024

Description

INTRODUCTION a well proportioned and conveniently located two unit site with outline planning consent in place. The properties are agreed to be accessed over a single driveway from Loraine Way, this site presents an excellent opportunity for a purchaser to make the best of the generous size of the plots, in total just over a third of an acre (sts). Available immediately.  

INFORMATION the outline consent provides for two detached properties with a single detached garage block situated between the houses. Gardens for both properties are particularly generous. Access is via secure gateway to the South of the site.  

VIEWINGS by prior appointment with the vendors agents 

BRAMFORD a well serviced village located just a short drive from Ipswich and close by to the village of Sproughton with a number of shops and facilities. The site is situated just a ten minute drive from Ipswich Railway station with regular trains to London Liverpool Street. Both Primary and secondary education are available locally. 

SERVICES we understand that mains water, gas, electric and drainage (Treatment Plant Option) are all available to the site. However potential purchasers are strongly advised to satisfy themselves as to the exact location of said services and their suitability.  

PLANNING CONSENT reference - DC/22/01449 - can be accessed via the Babergh District council planning search page. Consent in place is an outline consent and therefore buyers will need to progress the application through to full planning and to satisfy and reserve matters specified.  

PLANNING CONDITIONS potential purchasers are requested to familiarise themselves with all conditions relevant to the outline consent.  

COMMUNITY INFRASTRUCTURE LEVY We understand Babergh District Council have a CIL policy which will be calculated on the approval of Reserved Matters and will therefore be applicable to this proposed plot. Intending buyers should therefore familiarise themselves with Babergh DC CIL policy and charges and liability, details of which can be found online at We understand currently that buyer(s) who wish to either self build or contract a builder to carry out construction for their own intended occupation may be eligible for exemption from the CIL payment providing they remain in occupation for a period of at least 3 years and subject to meeting the current criteria set out in the CIL notice. Any intending buyer should satisfy themselves of their eligibility for this exemption. All intending buyers should also make themselves aware of any additional fees, statutory or otherwise for which they may be liable. 

METHOD OF SALE The site is offered for sale by private treaty. All Offers must be accompanied by evidence of Proof of Funds, Proof of Identity and details confirming ability to proceed with the purchase. 

CONDITIONS OF SALE Exchange of contracts sought 6 weeks following receipt by your solicitor of full draft legal documentation with completion to be agreed thereafter but no longer than 14 days after exchange. 

LAND AND NEW HOMES We specialise in the identification, appraisal, acquisition, sales and marketing of residential and mixed use development sites of all sizes from unique single plots to multi unit new build schemes.  

LAND We offer a personal and professional service to landowners who wish to realise the full potential of their land assets, whether garden plots surplus to requirements or larger land parcels suitable for development, expertly guiding owners through each step of the process from planning to sale in order to achieve the best financial outcome.  

NEW HOMES Our builder and developer clients specialise in all sectors of the market, creating some of the finest new homes schemes in the area ranging from bespoke individual new homes designed in keeping with their location through to creating desirable communities of character that combine modern living with quality and attention to detail. 
Agent Details
Grier & Partners
The Street, East Bergholt, CO7 6TF
Show Contact Number
01206 299 222

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

£375,000
Ipswich, IP8
Town
4.6
£392,000
Ipswich, IP8
Detached
4.4
£200,000
Ipswich, IP8
Terraced
4.2
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested