Attention First Home Buyers,
One of the ways to get on the property ladder is to buy a section of land when the market prices are low. As the price of land goes up, so does your investment in the land. Like all investments, there is always a risk that the value won't increase, but land is one of the few investments that have been more dependable than most other investments. A low deposit and a more manageable mortgage may get you started on your property ownership journey. If you don't wish to build on the section, then you can always look at selling it when the value has increased enough to increase your deposit for the next property. With all investments there is never any guarantee, but land is always land. Finance can be arranged subject to the usual terms and conditions.
Dream Homeowners,
This is an opportunity to build your dream home. The surrounding sections have all been developed, so there are no major surprises when it comes to knowing what you can do with this lovely and incredibly well-valued section.
Developers,
The restrictive covenants on this section have been removed to allow for the option of multiple dwellings on this site. This will still require the usual due diligence and approval from the city council.
This could be the perfect time to buy this great section located in the popular part of Whitby.
The government has said it is looking at ways to make the cost to build cheaper and that could mean land will become more in demand. So, this could be the perfect time to buy land before demand becomes high and is this the best value section for sale in a great location. Surrounded by quality homes in an established neighbourhood and offering cheap affordable land in a great street, the answer may be yes.
With good planning this could be your best investment. For more information call Richard on 0275508967 today.