Land for saleBarrs Wood Road, New Milton
Sold by Us
An excellent and rare opportunity to acquire an exciting development project situated in one of New Milton's finest roads. The site has full planning permission for a brand new detached bungalow adjacent to the existing bungalow which has a certificate of lawfulness for a side extension creating a spacious three bedroom bungalow. Brand new detached bungalow planning application number 16/10230. Development of existing bungalow application number 16/11161. Brand new detached garage application number 16/11002.
The existing property at number 30 comprises of a 1950's detached bungalow in need of modernisation and refurbishment. Lawful development has been granted for a side extension and planning permission has been granted for the re-siting of the garage creating a spacious three bedroom detached bungalow of approx. 110 sq meters. All plans are available for inspection at our office. The site also has full planning permission for a brand new detached bungalow of approximately 137 sq meters comprising of a spacious living room, a superb kitchen/dining room, two double bedrooms, a bedroom 3/study, a bathroom and an en-suite shower room. Again, full plans are available for inspection.
In our opinion the existing bungalow extended as per the plans with the re-sited brand new garage, would have a value in the region of £525.000.
The brand new bungalow, built as per the plans, would have a value in the region of £600,000.
The vendor has informed us that the community infrastructure levy will be in the region of £11,500 and the charge for the release of the restricted covenant will be approximately £5000.
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