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Land for sale
Land at Bretch Hill, Banbury
£180,000
Land at Bretch Hill, Banbury
£180,000
Our Summary
- 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
- 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
- Alternative Use / Asset Management Potential (subject to consents)
Description
The property is a 0.28-acre freehold development site in an affluent Oxfordshire suburb, currently comprising 47 vacant and unimproved garages. The site has implemented planning consent for the demolition of the garages and the development of five houses, including one two-bedroom bungalow and four three-bedroom semi-detached homes. The property may also be suitable for alternative development options, such as increasing the residential massing, or refurbishing the garages to create a rental investment opportunity. The site benefits from vehicular and pedestrian access and is surrounded by residential areas, making it an attractive development opportunity in a desirable location.