Strike is pleased to present this Residential Development opportunity in Lodsworth, between Midhust and Petworth, and offered without chain.
This freehold property, currently a comfortable bungalow, has 3 bedrooms, kitchen, drawing room with fireplace, bathroom, oil heating, garage and driveway, carport, large garden in a very quiet location with long ranging views of the South Downs and adjacent walks into the South Downs National Park and woodlands immediately to the rear.
As a developable plot, the property is extendable and convertable, it is not listed. Planning consent for an upward extension being granted to create a new first floor, garage, as shown on the attached plan under ref sdnp/21/05908/hous to approx 1800 sq ft. This is for an upward extension creating 3 bedrooms and 3 bathrooms, to up to 5 bedrooms (s.55) according to the internal layout chosen.
Structural engineering, building regs and cil are done. No complex conditions.
This is a great self-build development opportunity, or simply to retain as a very comfortable property as is.
This is an actual opportunity to build a family house in the sdnp. Build cost is estimated at £200-to 250,000 according to specification. End value between £1.1m and 1.25m, as compares.
This is a very rare opportunity to purchase a profitable residential development opportunity in Lodsworth, or simply an easily maintainable property to remain as it stands.
Lodsworth is a very sought after village set in the South Downs National Park.
Tenure: Freehold
Council Tax: E