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Residential Development for sale

Shaftesbury Street, Kettering

Guide Price £125,000

Property Description

Full description

An exciting development opportunity within half a mile of the town centre and just under a mile from the main line railway station. The property has been used as an evangelical church but has been vacant for some time and now has the benefit of planning permission from Kettering Borough Council to be redeveloped into two 2 bedroom ground floor apartments. 2 bedroom properties of this type are in strong demand on the rental market and this project offers the opportunity to create a valuable investment.

Please note that the driveway shown in the photograph to the left hand side of the building is not included in the sale but access over the drive on foot and by vehicle to the shared parking/bin area will be included since this forms part of the planning permission.

Planning application number: KET/2016/0085 was decided and passed 07.04.16 subject to certain conditions. A copy of the planning permission together with the various drawings referred to in the notice of approval are available to inspect at the agents office or copies may be requested by e-mail.

EPC: Exempt

Location - The site is located just off Linden Avenue on the eastern side of town. There are local shops nearby and the town centre is about half a mile. The main line railway station with frequent services to London St Pancras International of around one hour is just under a mile away.

Floor Plan - Please Note - The floor plan shown in these particulars is the proposed layout as shown by the sellers Architects drawings. This layout is larger than the current foot print. Any measurements shown are indicative and have been scaled from the drawings without the opportunity to check on site. It is strongly recommended that prospective buyers check all details on site, especially measurements, in order to satisfy themselves that the project can be developed in accordance with the planning permission obtained.

Parking And Bin Storage - The owners of this property have obtained planning permission on the basis that off road parking for these 2 units will be shared with the 4 one bedroom flats next door (50 - 56 Shaftesbury Street) and any sale will be made on this basis.

Tenure - The site is presently freehold.

Further Investment Opportunity - The sellers of this site may also consider the sale of the 4 adjoining purpose built one bedroom apartments which are all let on Assured Shorthold tenancies. Further details on request: Guide Price £300,000 subject to contract.

Services - We understand that there is metered gas and electric, water and foul drainage connected to the property but prospective buyers are advised to make their own checks.

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