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£395,000

Shrubbery Lane, Wilden, Bedford, MK44

  • 3 beds
Land
Under offer/SSTC

£395,000

  • 3 beds
Land
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Estimate monthly mortgage payment:

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Minimum deposit amount:

£19,750
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'NOW SOLD SUBJECT TO CONTRACT'Consented building with Change of Use Approval to convert to a residential dwelling totalling c.1,950 sq. ft (GIA). Located 5 miles north east of Bedford. SUMMARY> Development project comprising a former commercial building located in a non-estate setting, having far reaching views from the plot frontage over surrounding countryside.> The building is consented for conversion to a residential dwelling which totals c1,950 sq. ft (gross internal floor area)> The total plot area extends to c.0.3447 acre (outlined on accompanying Promap in yellow).> There may be an opportunity to purchase the adjacent land measuring c.0.5722 acre (outlined on accompanying Promap in orange) at an additional cost of £30,000. LOCATION> Wilden is located 5 miles north-east of Bedford and approximately 10 miles from Sandy, both of which have rail services for commuters. The A421 is approximately 3 miles away and provides access to both the M1 & A1 motorways. This development is within the Sharnbrook Upper School catchment and there is also a choice of private schooling in the area.PLANNING> Prior notification for change of use from light industrial (Use Class B1) to dwelling home (Use Class C3) was granted under approval reference 20/01020/CPNPA dated 15th July 2020. > As the floor space is not being increased, we do not believe there will be a CIL liability. ACCESS> Access is via an existing shared gravel driveway over which appropriate rights are granted. Costs for future maintenance access to be shared between this property and three others. DEVELOPMENT> The approved conversion amounts to c.1,950 sq. ft GIA in total to private 3/4 bedroom accommodation with open plan living area and vaulted ceiling. > Quietly situated off a country lane in a small development of only four dwellings.DRAINAGE/SERVICES> Prospective purchasers should make their own enquiries with respect to availability and cost of connections. Existing Wayleaves, Easements and Rights of Way:> The property / land is to be sold subject to and with the benefit of all wayleaves, easements, and rights of way whether mentioned in these details. TENURE> The property / land is to be sold freehold.VACANT POSSESSION> Vacant possession of the building is available immediately.TERMS > Guide Price: £395,000 subject to contract. Conditions of sale: (1) The purchaser is to exchange contracts within 30 working days from when their solicitor receives draft contract documentation.(2) Legal completion is to take place within 10 working days from exchange of contracts.VIEWINGS> Strictly by prior appointment via Compass.CALL COMPASS LAND & DEVELOPMENT TO ARRANGE YOUR VIEWINGCompass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land. These details are presented subject to Contract and without prejudice JUNE 2021.
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Mortgage and legal costs:
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