Get brand editions for Lovelle Estate Agency, Scunthorpe

This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Land for sale

Sheffield Street West, Scunthorpe

£35,000

Property Description

Key features

  • Sealed Bids By
  • 26th July 2013
  • Development Site
  • Full Planning Permission
  • Six Apartments
  • Four Two Bed Terrace

Full description

THE PROPERTY IS NOW SUBJECT TO SEALED BIDS ! ! All bids are to be received by Lovelle Estate Agency Scunthorpe by 12pm noon on Friday 26th July 2013. The owner will consider all bids over the asking price and a decision will be made on all bids by the 1st of August 2013. Offers are subject to the owners approval and proof of funds. For any enquiries please contact Lovelle Estate Agency Scunthorpe on 01724 282977.

Introduction

THE PROPERTY IS NOW SUBJECT TO SEALED BIDS ! ! All bids are to be received by Lovelle Estate Agency Scunthorpe by 12pm noon on Friday 26th July 2013. The owner will consider all bids over the asking price and a decision will be made on all bids by the 1st of August 2013. Offers are subject to the owners approval and proof of funds. For any enquiries please contact Lovelle Estate Agency Scunthorpe on 01724 282977.

Development Details

The subject property is a two storey former Social Club occupying a prominent position on the corner of Sheffield Street West and Dale Street, within an area of high rental demand within Scunthorpe. The property is sold with the benefit of full planning permission for the demolition of the existing building and the erection of a three storey building to include : 4 two bedroom, two storey terrace houses, and : 6 one bedroom self contained apartments.
The scheme represents a quality opportunity to purchase a scheme in an area with high demand, and we advise of a potential rental income of approximately 44,400 per annum gross.

Situation

Ideally situated close to Scunthorpe town centre, with all local shops and amenities, schools, public houses and restaurants, local bus routes and train station, easy access to M180 motorway network.

Proposed Ground Floor

Proposed First Floor

Proposed Second Floor

Proposed North Elevation

Site Plan

Site Plan

Site Plan

Existing Building

They currently hold the Former St Phillips Social Club, which is two storey premises of traditional contruction. The current plans allow for the clearing of the existing site to allow for the new scheme.

Rental Demand

We advise of a potential gross rental income of approximately 44,400 per annum based upon full occupancy. The two bedroom town houses are expected to generate an income of approximately 400 per calendar month, while the one bedroom apartments are expected to generate a rental income of approximately 350 per calendar month.

Planning Permission

North Lincolnshire Council granted the planning permission under the reference PA/2008/1336.
The planning permission is based upon the erection of a block of four terraced two bedroom houses and six apartments with associated parking (including the demolition of existing club) at St Phillips Club, Sheffield Street West, Scunthorpe.
For copies of plans and or planning permission please contact Lovelle Estate Agency on 01724 282977

Potential For Joint Venture

The existing vendor may consider a joint venture of partnership to build out the scheme.

These particulars are for guidance only. JMC (North Lincolnshire)Ltd., t/a Lovelle Estate Agency, their clients and any joint agents give notice that:-
They have no authority to give or make representations/warranties regarding the property. These particulars do not form part of any contract and must not be relied upon as statements or representation of fact.
All measurements/areas are approximate. The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.


More information from this agent

Listing History

Added on Rightmove:
19 September 2009

To view this property or request more details, contact:

Lovelle Estate Agency, Scunthorpe

8 Oswald Road, Scunthorpe, DN15 7PT

01724 646102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer

Property reference 315086A_15086. 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 Lovelle Estate Agency, Scunthorpe. 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.