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 Available Property: Reference [Saltash Land Plots]

Location

England
Cornwall
Saltash
Carkeel

Price

£20,000

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Property ID: 417628










     
 

 Description

Key selling points

  • Low entry level – only £15,000 required
  • Land is already designated for development
  • Exit strategy in place as a buy back option
  • Plots forecast to increase to £50,000 within 4 years
  • Return on Investment forecast of 233%

 

Saltash Land Deal - Plots of land for development near Plymouth @ £15,000

 Location

  • Saltash is the "Gateway between Cornwall and Devon".
  • The City of Plymouth is just over the Tamar Bridge.
  • Woodside Fields of 24 acres, located on the A388 at Carkeel, 900m from the A38.

 Planning

  • The local council adopted a plan in 1999  for Broadmoor Farm as an area for development.
  • In 2007 amendments opened up the usage of the land.
  • Woodside Farm is within the Broadmoor Farm designated area
  • The development plan for Broadmoor Farm is likely to unfold over 2008/09
  • Plans expected to include a much-needed new school, supermarkets, a shopping centre, offices, light industrial units, some residential property and a Park & Ride facility for commuters to Plymouth
  • More details in our Investor's Information Pack available on request

 The Land

  • Through solicitors, 24 acres of land has been segmented into approx 900 plots.
  • From a standing start in February 2007, over 300 plots have been sold.
  • The current release is for plot sizes of 2,000 sq ft which are being offered at @ £15,000 each. 

 Exit Strategy

  • The current owners will buy the land back from the investor at 90% of its enhanced value i.e. after all the preparatory work has been done. 

 Summary

  • Low investment of just £15,000 for large plots of 2,000 sq ft
  • No legal fees to pay. 
  • A large solicitors practice oversees the buying process and makes sure the freehold is registered correctly.
  • The whole land development process is already at quite an advanced stage
  •  Exit strategy in place with a buy back option
  • The value of these plots is expected to increase to at least £50,000 within 4 years giving a return on investment of 233%

 More detailed information is available in our full "Investor's Information Pack" which is available by e-mail on request

 
     
     
 

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