Land for sale

Fair Meadow, Rye TN31

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.

Property Ownership Information

Tenure

Freehold

Council Tax Band

D

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.