Site adjacent to Quarr Lane Park... 6 bed detached house for sale

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Site adjacent to Quarr Lane Park... 6 bed detached house for sale

Site adjacent to Quarr Lane Park Bristol Road Sherborne
£395,000

Our Summary

  • REQUIRES WORK
  • CASH BUYERS ONLY
  • A fantastic and potentially lucrative investment opportunity to acquire TWO partly developed, natural stone, detached new homes, requiring redevelopment and completion
  • This desirable residential site offers the opportunity for a prospective purchaser to redevelop and complete two partly constructed, detached, Sherborne stone dwellings
  • The square footage of plot 1 and 2 as outlined within the planning permission is approximately 1216 sq
  • Planning Permission
  • The full planning reference application number is WD/D/16/000806
  • The dwellings have been built with reference to the full planning permission and building control drawings
  • Planning reference WD/D/16/000806
  • FABULOUS INVESTMENT OPPORTUNITY
  • Fabulous investment opportunity
  • Requires work
  • cash buyers only

Description

This property presents a unique investment opportunity to acquire two partly developed, natural stone detached homes in Sherborne, requiring redevelopment and completion. The properties, with a total square footage of over 2432 square feet, are situated on the northern side of town, within walking distance of the town centre, Gryphon School, and mainline railway station to London Waterloo. The homes are currently at the first fix stage of build, with planning permission in place (WD/D/16/000806). However, an independent building surveyor has identified defects, including a non-compliant footprint, which are detailed in a full survey available upon request. The properties offer a blank canvas for a prospective buyer to complete to a high specification, potentially commanding strong prices in line with current demand for Sherborne town property.