Development Site 0.28 acres Implemented Planning Consent for 5 x Houses
Banbury, Oxfordshire
£575,000
- Posted
- 2 days ago
- Seller Type
- Agency
- Property Type
- Development / Land
Description
The property comprises a freehold development site with implemented planning consent located in an affluent Oxfordshire suburb.
The site extends to 0.28 acres (0.116 hectares) and currently comprises 47 garages which are currently vacant and in unimproved condition. The site benefits from implemented planning consent (Reference: 17/02270/F) for demolition of the garages and development of 5 x houses comprising 1 x two bedroom bungalow and 4 x three bedroom semi-detached houses. Please note prospective purchasers are to rely on their own enquiries with regards to implementation of the planning consent.
The property may also be suitable for alternative development options increasing the residential massing (subject to obtaining the requisite consents) or alternatively the garages could be refurbished to create a rental investment opportunity.
The property benefits from vehicular access from Bretch Hill, as well as pedestrian access from Conway Drive and to the north near Edmunds Road. The sourrounding area is predominantly in residential use and comprises a suburb of Banbury, an affluent Oxfordshire town.
Additional information
Tenure
Freehold
Planning
The property previously obtained planning consent (Reference: 17/02270/F) for the demolition of the garage block and development of five houses with associated parking, comprising 1 x two bedroom bungalow and 4 x three bedroom semi-detached houses.
The property obtained a Certificate of Lawfull Use (Reference: 21/03322/CLUE) pertaining to the implementation of the consent.
Please note prospective purchasers are to rely on their own enquiries with regards to implementation of the planning consent.
Oxford Heritage Property Management, OX4 - Innovation House, Suite 8, Parkway Court, Oxford Business Park, Oxford, OX4 2JY
Ad ID: 1510005824
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