20 bedroom Residential development for sale
Loughborough, LE11 1EX
house
bedrooms
Property photos
+4
Property description
AVAILABLE - £850,000 For Sale by Public Auction on22/11/2023
Location:
The property occupies a prominent corner position at the junction of Nottingham Road / Station Boulevard and opposite Loughborough Railway Station.
A former taxi office and garage block/workshops on a site area of
400 sqm. The site has planning permission for development of part 3/4/5 storey apartment block providing 16 units.
Planning:
Planning permission has been granted for demolition of the existing building and construction of a new 3/4/5 storey apartment block comprising of 16 units with associated amenity space.
Work has commenced with the demolition of the garages and workshop.
Planning Permission No. P/21/0171/2 dated 23.02.2022, we have been advised that some of the conditions have been discharged.
We have been advised that Building Regulation drawings have been approved under the previous regulation, there is no S106 contribution payable nor any affordable housing requirement.
Potential for 33 studio apartments within the same construction subject to amended planning permission.
Local Authority: Charnwood Borough Council[use Contact Agent Button].
Note
Estimated Rental Value: £172,800 pax.
Tenure
Freehold.
Energy Performance Certificate:
142: Rating 46, Band E.
144: Pending.
144A: Rating 59, Band D.
Solicitors
Bond Adams, Richmond House, 94 London Road, Leicester LE2 0QS
[use Contact Agent Button] ~ Ref: H Waka
Location:
The property occupies a prominent corner position at the junction of Nottingham Road / Station Boulevard and opposite Loughborough Railway Station.
A former taxi office and garage block/workshops on a site area of
400 sqm. The site has planning permission for development of part 3/4/5 storey apartment block providing 16 units.
Planning:
Planning permission has been granted for demolition of the existing building and construction of a new 3/4/5 storey apartment block comprising of 16 units with associated amenity space.
Work has commenced with the demolition of the garages and workshop.
Planning Permission No. P/21/0171/2 dated 23.02.2022, we have been advised that some of the conditions have been discharged.
We have been advised that Building Regulation drawings have been approved under the previous regulation, there is no S106 contribution payable nor any affordable housing requirement.
Potential for 33 studio apartments within the same construction subject to amended planning permission.
Local Authority: Charnwood Borough Council[use Contact Agent Button].
Note
Estimated Rental Value: £172,800 pax.
Tenure
Freehold.
Energy Performance Certificate:
142: Rating 46, Band E.
144: Pending.
144A: Rating 59, Band D.
Solicitors
Bond Adams, Richmond House, 94 London Road, Leicester LE2 0QS
[use Contact Agent Button] ~ Ref: H Waka
Council tax
First listed
Over a month agoLoughborough, LE11 1EX
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Monthly repayment
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Loughborough, LE11 1EX - Streetview
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