5 Bed Detached House For Sale Talbot Avenue, Sutton Coldfield, B74

£2,300,000- Detached

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Last Updated: 21st May 2024

Description

An extremely rare opportunity to purchase a half acre plot in the very exclusive Little Aston with planning permission to build a beautiful luxury home with separate ancillary accommodation. The home will offer a huge breakfast kitchen with family room ,overlooking the rear garden with mature trees to the rear. 3 additional reception rooms provide a formal drawing room , dining room and home office / snug.There are 2 principal bedroom suites with luxury dressing rooms and 2 additional double bedroom suites , all with ensuite bathrooms plus optional separate access to a 1 bedroom apartment with American style kitchen and double bed studio with ensuite shower room.\r
We have sourced a builder who has quoted to build your brand new 6,400 sqft home to a good specification including flooring for £180 psqft. but this may vary slightly depending on your choices.\r
You could of course use your own builder to create your dream home. There is also planning available to create an additional 2,000sqft basement with cinema and gym should you wish to do so.\r
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The major bonus for the buyer is you are only purchasing the plot at a cost of £1.15million pounds. The stamp duty payable on a purchase of £1.15m is quoted on government website at £56,250.\r
If you were buying the house completed at £2.35million pounds, the quote is £193,250 , a saving in Stamp Duty Costs of £137,000 !!!!!\r
You will also benefit from zero rated VAT on new build construction and material costs.\r
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Please email or call for any additional information.
Agent Details
John Shepherd
Beeches Walk, Sutton Coldfield, B73 6HN
Show Contact Number
0121 354 2079

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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.
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