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£205,000

Development Site, Lower Barn Street, Off Cranberry Lane, Darwen, BB3

  • 0 beds
Bungalow

£205,000

  • 0 beds
Bungalow
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Estimate monthly mortgage payment:

£936 per month

Minimum deposit amount:

£10,250
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Offered for sale via auction, is this superb residential development opportunity, extending to just under half an acre overall or thereabouts, with planning permission obtained for five detached, versatile, dwellings.

Set within a consistently popular residential location, it is around 3/4 of a mile from Darwen town centre, being excellently placed for every day amenities, including: schools, shops, houses of worship and transport links. The A666 is nearby and Egerton in North Bolton is approximately a nine minute drive away (Google maps estimate 9/1/23) while the M65 Junction 4 is around 3 miles away. Although on the periphery of Darwen’s urban boundary there are open fields and a railway line to the north so the site retains a countryside feel maximised with a balcony being incorporated into the designs. Locally Persimmon Homes’ Spring Meadows development is nearby, which is perhaps indicative of the high level of demand for residential property in the area.

Blackburn with Darwen Borough Council, granted planning permission on the 27th of July 2022 for the development of five detached dwellings in accordance with application reference number 10/21/0953. Full details of the planning application are available on the Blackburn with Darwen Borough Council planning website though we have included some example proposed floor plans, the proposed site plan, and proposed elevation drawings for easy reference. It is worth noting that the site has previously had planning permission for three detached bungalows (10/20/1246), so the five detached properties that is granted offers a notable change in usage and potential revenue returns.

We are advised that the site is freehold and VAT will not be charged on the purchase price.

This really is a fabulous investment opportunity and there is a great deal to admire. There is a video of the site available to watch and for further information or to arrange a viewing. Please contact Cardwells Estate Agents Bolton on (01204) 381281, email [email protected] or visit www.cardwells.co.uk

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