A unique residential development opportunity comprising 5 building plots within approximately 0.67 acres (0.27ha) situated on the desirable location of Forest Road Loughborough.
The Site benefits from full planning permission for five substantial detached dwellings totalling 691m2 (7437 sq ft) within the grounds of the existing house which is to be demolished as part of the planning consent.
The vendor will include the access track between 230 & 232 within the sale that could be used to access Plot 5.
A planning information pack is available from the selling agent.
Further Information - For further information, and to register your interest, please contact Peter Chennells BSc (Hons) MSc MRICS [use Contact Agent Button] [use Contact Agent Button]
Location - The site lies within a well-established residential area of Loughborough and fronts onto Forest Road, the property is within walking distance of the town centre and the University and meters away from the nearest shop. The site benefits from excellent public transport links. Is it located within metres of the nearest bus stop which serves routes into Loughborough Town Centre and Loughborough Train Station with mainline rail link to London (90 mins). Additionally, Loughborough benefits from a good road network with access to the M1 (J23) and A6.
what3words: slide.fend.garden
Planning - The site has the benefit of full detailed planning permission (ref. P/23/2257/2) granted on 2nd July 2024 for Erection of 5 No. detached dwellings following demolition of existing dwelling. Formation of new vehicular access, alteration of an existing vehicular access and construction of access drive, proposed landscaping and associated works. The granting of permission is subject to a number of planning conditions which are identified within the Decision Notice and a copy of the permission may be obtained from the Selling Agents.
Viewings - Viewings of the site must be arranged with Andrew Granger & Co in advance. Neither the Vendor nor the Agents are responsible for the safety of those viewing the site, and any persons taking access do so entirely at their own risk.
Method Of Sale - The site is being offered for sale by Private Treaty at a Guide Price of £1,000,000.
Tenure - The House is currently let on an assured shorthold tenancy. The property will be sold with vacant possession on completion.
Services - The house is understood to be connected to mains , sewerage, gas and electricity.
The purchaser/s will be responsible for making their own enquiries about the availability of any services.
Land Registry - The site is registered freehold title absolute under part Land Registry titles LT455761, LT253317 and LT189710 The access track LT341663
Wayleaves, Covenants, Easements & Rights Of Way - The land is sold subject to any wayleaves, easements, covenants and rights of way whether disclosed or not.
Plot 1: Gia 132M2 - Ground Floor Entrance hall Cloakroom with W.C. Living room Kitchen Diner Utility
First Floor Landing Main Bedroom En suite Shower room Bedroom 2 Bedroom 3 Bathroom
Plot 2: Gia 134M2 - Ground Floor Entrance hall Cloakroom with W.C. Living room Kitchen Diner Utility
First Floor Landing Main Bedroom En suite Shower room Bedroom 2 Bedroom 3 Bathroom
Plot 3: Gia 74M2 (The Bunglow) - Entrance hall Open plan Living/Dining Kitchen Utility Bedroom Bedroom Bathroom
Plot 4: Gia 134M2 - Ground Floor Entrance hall Open plan Kitchen/dinning and Living room Utility w.c. Sung/Bedroom 4
First Floor Landing Main Bedroom En suite Shower room Bedroom 2 Bedroom 3 Bathroom
Plot 5: Gia 134M2 - Ground Floor Entrance hall Cloakroom with W.C. Open plan Kitchen/dinning and Living room Open Plan Kitchen/Living/dinning room Utility Bedroom En suite Shower room Bedroom En suite Shower room
First Floor Landing Main Bedroom En suite Shower room and dressing room Bedroom Bedroom Bathroom
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Development Opportunity on Forest Rd Loughborough - Streetview
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