Land For Sale £500,000
Land at 2-6 Brunswick Street, Maidstone

An excellent residential development opportunity with detailed planning consent for the erection of 8 x 1 Bedroom apartments within easy walking distance of Maidstone Town Centre.

Description - A FANTASTIC DEVELOPMENT opportunity with PLANNING PERMISSION for 8 x 1 Bed Apartments in CENTRAL MAIDSTONE

This development would be great for HA or Build to Rent.

GUIDE PRICE: £500,000-£550,000

Planning Permission: - Maidstone Borough Council have ALLOWED ON APPEAL for Outline application for the erection of a four storey building comprising eight 1-bedroom flats with access, layout, scale and appearance to be determined and landscaping reserved for subsequent approval as shown on drawing references: 2037/1 Rev D and 2037/2 Rev D received 29/06/18; and site location plan received 06/07/18; subject to various conditions.

Following Permissions - Subsequent Approvals & Discharge of Conditions under 21/505611/NMAMD, 22/500262/SUB, 22/500264/SUB, S73-22/500464/OUT, 22/504013/REM
Approval of Reserved Matters of landscaping pursuant to application 22/500464/OUT (Section 73: Application for minor material amendment to condition 4 [to allow increase in length and height of building, including alterations to fenestration and internal layout] pursuant to 18/503485/OUT [Outline application for erection of 4-storey building comprising 8(no) 1-bedroom flats with access, layout, scale and appearance to be determined and landscaping reserved for subsequent approval]) that was allowed at appeal ref: APP/U2235/W/19/3223447

With the reserved matter and discharge of all conditions dealt with as far as possible, the site is almost ready to go to build subject to:

(i)Party Wall Awards;
(ii)All the prelims being sorted;
(iii)Structural and Building Detail Drawings being done;
(iv)Building Control being appointed.

Gdv: - We feel the apartments could achieve between £180,000-£220,000 giving a GDV range of £1.44m -£1.760m

Services - We recommend investigating the services prior to offering.

Tenure - For sale as FREEHOLD

Cil Payment - Vendors have made us aware the CIL Payment is: £39,643.26

Method Of Sale - All offers must be submitted in writing to Hunters Land & New Homes Jake Sauvage [use Contact Agent Button] .
The freehold site is offered to the market with unconditional offers invited. All offers must include:
1. Offer price for the property.
2. Details of further due diligence required prior to exchange of contracts.
3. Confirmation that any CIL / S106 costs have been allowed.
4. Confirmation of funds.

The Vendor is not under any obligation to accept the highest or indeed any offer.

Location - Brunswick Street is located within walking distance of the town centre and all it's varied shopping and leisure facilities as well as the popular Mote Park nearby, offering over 400 acres of beautiful parkland to enjoy. The commuter is well served, with three train stations with regular services into London.

Agent Notes: - On agreeing to purchase land and/or property the Buyer agrees to pay an introduction fee of 1% + VAT & Hunters new Homes will be retained as selling agent at a fee of 1.25% + VAT. Further information will be on Heads of Terms.