For Sale2 Bedroom Land in Fair Meadow, Rye, TN31 7NL£160,000

Exciting Opportunity to Build a New 2-Bedroom House in Rye! This unique property boasts a building plot with new planning permission (ref RR/2024/1948/P) for a semi-detached 2-bedroom house. Situated at the end of a cul-de-sac in the highly sought-after, quiet, and green neighborhood of Rye, this location is within a 10-minute walk of the town centre. This is a rare opportunity to construct your dream home in Rye, with the added bonus of being able to see the sea from the first floor! The property is conveniently located just 8-10 minutes from the coast. We have recently received a quote from a reputable local construction company estimating the cost to be between 130K-160K. It is possible that this project qualifies as a new home, making it eligible for 0% VAT. Please keep in mind that a more accurate estimate will require the construction and structural plans, in addition to the current planning plans. Information regarding 0% VAT for self-contained, independently used new units can be found on the government website. We recommend consulting with your solicitor for further clarification. There is potential to add a third bedroom in the loft space, making this property even more appealing. Quick viewings are highly recommended as this opportunity is sure to attract a lot of interest. Please contact us via the website to schedule a viewing.