The site comprises an L shaped parcel of land extending to 0.29 acres, which has been developed to varying levels. The bungalow has been built to shell with roof, windows, floor and brickwork complete. The townhouses have been built with block and beam floor, drainage connected and outer brickwork to DPC.
The site benefits from planning permission (Application 16/00088/FUL) to construct 5 x 3 bedroom, three-storey townhouses and 1 x 2 bedroom bungalow. The townhouses will comprise a lounge, kitchen diner, 3 bedrooms, bathroom and en-suite to master. The bungalow comprises a lounge/kitchen diner, 2 bedrooms and bathroom. Each plot will come with 2 x parking spaces.
The site represents a great opportunity to finish off a development in a popular residential location in Silverdale.
Location
The site has frontage to Church Street and side on to Chapel Street, where similar newbuild property already exists. The location is a 10 minute walk from the popular walking location of Silverdale Country Park.
Accommodation
Using Ordnance Survey ProMap we calculate the site to extend to 0.29 acres.
Terms
Available freehold, subject to contract.
Specification
PLANNING PERMISSION
On the 3rd February 2016 Newcastle-under-Lyme borough Council granted full permission (Application no: 16/00088/FUL) to build proposed housing development of 6 dwellings.
GROSS DEVELOPMENT VALUE
The scheme comprises the following
5 x 3 bed townhouses
1 x 2 bed bungalow
The agents estimate that the 3 bedroom townhouses should achieve £XXX and the bungalow £XXX
The above generates a GDV in the region of £XXX