About this property

Key features
  • Refurbishment or Redevelopment opportunity
  • Huge Potential
  • Approximately 0.4 of an acre
  • Highly sought-after location
Description
A prime development opportunity set in a stunning location within the town. The existing site is approximately 0.4 of an acre, with two buildings comprising 8 one bedroom apartments.

Development Opportunity A prime residential development site set in arguably one of Saffron Walden's most favoured roads, being only a short walk to the town centre, Market Square and the renowned Audley End Estate.

The site measures approximately 0.4 of an acre and currently comprises two detached 2 storey buildings with mature gardens, off-street parking and a block of six garages. Both buildings are divided into x4 one bedroom flats, each with its own gas central heating and double glazing. The first floor apartments enjoy views over the town rooftops towards the impressive St. Mary's Church and spire.

The site provides opportunity for refurbishment of the existing 8 one bedroom apartments. There is also a pending planning permission for the demolition of the existing blocks of flats and outbuildings and the construction of 12 new apartments, with associated parking and access. Full details can be found on the Uttlesford District Council Planning website under Ref: UTT/23/3085/FUL. The application was recommended for approval at committee but a decision will not be confirmed without entering a s106 agreement for the associated affordable housing element this permission would require (40%). The current vendor does not wish to enter this agreement.

Method of Sale For sale by Informal Tender with bids requested to be submitted by Thursday 15th May.

Material Information •Tenure - Freehold
•Council Tax Band - B or C for individual flats
•Property Type - Two detached buildings, each divided into 4 flats
•Property Construction - Brick with tiled roof
•Number & Types of Room - Please refer to the floorplan
•Square Footage - Each building 2134.26
•Parking - x6 garages and off street parking
UTILITIES/SERVICES
•Electric Supply - Mains
•Water Supply - Mains
•Sewerage - Mains
•Heating - Gas fired boilers with radiators
•Broadband - Fibre to the Property available in area
•Mobile Signal/Coverage - OK
COVENANTS
•We have been made aware this property does contain restrictive covenants - please refer to the land registry title.
BUILDING SAFETY
•The vendor has made us aware that, to the best of their knowledge, there is no asbestos present at the property.
•The vendor has made us aware that, to the best of their knowledge, there is no unsafe cladding present at the property.
•The vendor has made us aware that, to the best of their knowledge, the property is not at risk of collapse.
ACCESSIBILITY/ADAPTATIONS
•The vendor has made us aware that, to the best of their knowledge, there have been no adaptations made to the property for accessibility requirements during their ownership.

Viewings By appointment through the Agents.

Get in touch

8, Hill Street, Saffron Walden, CB10 1JD, Essex

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