Finding the right place
Multiple Building Plot
Guide Price £275,000
Tenterden
Summary
An opportunity to acquire a residential development site with full planning permission for a four-unit scheme in a well-regarded Kent market town. The approved scheme provides for the redevelopment of the existing building to deliver a three-storey block comprising four self-contained flats extending to approximately 228 sqm (GIA).
The site represents a well-defined small development opportunity suited to local developers and SME housebuilders. Recent sales evidence within the area supports values in the region of £4,000–£4,500 per sqm for comparable residential accommodation, suggesting a Gross Development Value in excess of £1 million, subject to specification and market conditions.
Key Information
Full planning for 4 flats (approx. 228 sqm GIA)
Established residential setting
GDV circa £1.0m
Manageable, straightforward scheme
The site represents a well-defined small development opportunity suited to local developers and SME housebuilders. Recent sales evidence within the area supports values in the region of £4,000–£4,500 per sqm for comparable residential accommodation, suggesting a Gross Development Value in excess of £1 million, subject to specification and market conditions.
Key Information
Full planning for 4 flats (approx. 228 sqm GIA)
Established residential setting
GDV circa £1.0m
Manageable, straightforward scheme
The Site
The site occupies a prominent position within an established residential area and benefits from a well-considered planning consent for a four-unit residential scheme.
Planning permission has been granted for the demolition of the existing building and the construction of a three-storey development comprising four flats with associated parking and amenity space. The site extends to approximately 0.065 hectares and benefits from defined access arrangements in accordance with the approved plans.
A drainage easement crosses part of the site, which has been incorporated into the approved layout. All principal planning and technical matters have been addressed. The existing structure is in a dilapidated condition and will require demolition as part of the development.
Planning permission has been granted for the demolition of the existing building and the construction of a three-storey development comprising four flats with associated parking and amenity space. The site extends to approximately 0.065 hectares and benefits from defined access arrangements in accordance with the approved plans.
A drainage easement crosses part of the site, which has been incorporated into the approved layout. All principal planning and technical matters have been addressed. The existing structure is in a dilapidated condition and will require demolition as part of the development.
The Area
The surrounding area is characterised by a mix of residential and local commercial uses, forming part of a well-established and attractive market town environment. The wider area offers a range of amenities, schooling and leisure facilities, together with good connectivity to surrounding towns and regional transport links.
Demand for new build residential accommodation remains strong, supported by the quality of the local environment and accessibility.
Demand for new build residential accommodation remains strong, supported by the quality of the local environment and accessibility.
Planning
The site benefits from full planning permission for the redevelopment of the site to provide a three-storey building comprising four flats with associated parking and amenity space.
Further details, including approved drawings and supporting reports, are available to registered buyers upon request.
Further details, including approved drawings and supporting reports, are available to registered buyers upon request.
Services
We are informed that mains services are available within the immediate area.
Prospective purchasers are advised to make their own enquiries with the relevant statutory service providers.
Prospective purchasers are advised to make their own enquiries with the relevant statutory service providers.
Viewing
Viewings are strictly by appointment through The Landbank Partnership.
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
