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Watkin Road, Boscombe, Dorset, BH5

Guide Price
£1,475,000
Churchfield Estate Agents, Bournemouth
PROPERTY TYPE

Land

SIZE

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Description

Development opportunity available for unconditional purchase. Refused planning for 36 x units in three blocks. I am advised by the vendor that the bulk and mass was the main reason for refusal and that if the number of units was reduced to 32 x units in three equally sized blocks, planning could be granted. Currently Block A comprising 18 x flats over four floors. 1 x bed approximately 41 m2 & 2 x bed approximately 60 m2. Bike store. Block B comprising 4 x house’s over two floors. Each unit is approximately 90 m2. 4 x parking spaces & private gardens. Block C comprising 14 x flats over four floors. 1 x bed’s from approximately 39 m2. Bike store. All flat’s benefit from communal outside space. All the flats have open plan living room/kitchen. Churchfield estimate the Gdv for the refused 36 x unit scheme at approximately £8,430,000.00. The site is currently occupied by a vacant former care home, that will require demolishing in order to develop this site. Bournemouth Borough Council planning application number: 7-2022-9829-F. The vendor advises me that the (36 unit) Combined CIL contribution was £68,608.00, the Section 106 is being negotiated, but hoping to pay nothing. The Heathlands is at £428.00 per house and £292.00 per flat. Contributions would be payable by the purchaser. No known covenants. No social housing requirement. Site area 1700 sq mt. The site is well located and only a short stroll to public transport, shops. The Centre of Bournemouth is within easy reach. For further details, please contact Andrew Hooper on . More development land and investments available on our web site:

The vendor advises me that both his architect and planning consultant have confirmed that a development of 13 x houses on this site would be much more acceptable to BCP Planning, as such. If the site is not sold unconditionally soon. He will submit a new planning application for 13 x houses and then either sell the site with its new granted planning at a revised asking price or consider developing the site himself.


Development or Investment site (s), bought through Churchfield the purchaser is required to retain us at the rate of 1.8% (minimum fee of £2,400) including Vat at the prevailing rate. For any Land, Development or Investments acquired, Churchfield must be instructed to re-sell the finished units at 1.8% including vat or re-let at 9.6% including vat (fully managed) the acquired property or the developed properties on a sole agency basis within three years of completion. If Churchfield are not instructed and the acquisition is sold or Let by the purchaser/s within this period, an additional fee of 1.8% including vat (minimum fee £2,400 including vat) of the original purchase price will be chargeable to the purchaser in addition to any other costs or charges agreed. Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Churchfield having no financial interest.

Churchfield Offer a FREE Selling Service to Vendors of Land and Investments


Watkin Road, Boscombe, Dorset, BH5

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pokesdown Station0.7 miles
  • Bournemouth Station1.2 miles
  • Christchurch Station2.5 miles
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About the agent

Churchfield Estate Agents, Bournemouth

122 Charminster Road, Bournemouth, BH8 8UT

Churchfield Estate Agents, Bournemouth
About Churchfield Estate Agents

· Property Agent In Bournemouth - About Us

One of the leading property agents in Bournemouth, we're proud to have built a reputation of offering professional and expert advice to property owners, buyers, developers, landlords and tenants. Working in Bournemouth, Poole and the surrounding areas we take a personal approach and look to treat people as we'd wish to be treated.

· Founding Partners David Swift & Andrew Hooper</

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Disclaimer - Property reference CHR230333. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Churchfield Estate Agents, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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