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House For Sale £1,750,000
Common Road, Kensworth LU6


Description

An interesting property with significant potential for redevelopment given the site’s historical uses.

The well maintained and improved Grade II Listed Farmhouse with its extensive accommodation has an ambient comfortable feel and I have been impressed with just how well it serves its purpose as a family home.

There are extensive outbuildings ranging from brick built stables and a metal industrial type unit that covers 7000 square feet in all.

The garden at the front side of the frontage looks likely as an infill building plot. There are several precedents in the immediate vicinity of new housing plots.

In all the acreage extends to five acres approximately of which two acres are backed onto by residential property.

The property is in the greenbelt, but has historical uses, of which evidence is provided, showing this use as light industrial. The question of whether this is classified brownfield could be demonstrated further by an application for a certificate of lawfulness. Only one planning application relevant to change of use to residential has ever been processed. This was a planning application made for the erection of 2 detached dwellings in the front side garden in 1989 which was denied because the ash tree was protected by a TPO. This tree has now been removed.

We are selling unconditionally, with no uplift or covenants so strategic property investors are free to develop the lands (subject to planning) with no future clawbacks.

The farmhouse and property meanwhile would return a significant rent return for investors looking for the short to medium term challenge of obtaining planning for change of uses and the footplate of the buildings may be useful in demonstrating coverage.

The property would also suit a wide range of work/live options given its farmhouse, buildings and land.

Not wishing to make a negative comment, but first impressions from the roadside absolutely do not do justice to what is on offer here and I would strongly recommend a full inspection of this impressive, rare opportunity.



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onthemarket.com

  
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