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£600,000

Gurney Road, New Costessey, Norwich, NR5

  • 3 beds
Land

£600,000

  • 3 beds
Land
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Estimate monthly mortgage payment:

£2,739 per month

Minimum deposit amount:

£30,000
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This prime development opportunity in Costessey comes with approved planning permission for the construction of three additional properties on-site. Also included in the offering is a detached chalet bungalow that presents a refurbishment opportunity, making this a versatile and potentially lucrative project for developers and investors alike.

The popular suburb of Costessey is situated just 6 miles from the Norwich City Centre. A host of local amenities are on offer including shops, supermarkets, public houses, restaurants, hairdressers, barbers, dental and doctors surgeries, recreational areas and schooling for ages including secondary education from the Ormiston Victory Academy which was rated Outstanding by Ofsted. Regular bus routes service Costessey offering convenient access to the Norwich City Centre. By car, the suburb is located close to Dereham Road and the A47. To the north of the city, Norwich International Airport offers flights to a variety of international and domestic destinations.

Planning permission
Planning permission was granted on the above address, known as, 44 Gurney Road, Costessey, Norfolk NR5 0HJ, consisting of proposed single storey side extension and alterations to existing property and erection of 3 no. single storey dwellings including associated garages to the side and rear.
Please note, Application Number 2023/0227 - Date Registered 26th June 2024, that Planning Permissions was granted, this can be viewed on the South Norfolk Council s planning web portal, using the above reference.
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£2,739 per month
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Stamp Duty tax
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£8,750
Mortgage and legal costs:
£999
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