A freehold site of circa 0.75 acres. With historic planning permission which has lapsed for two detached 5-bedroom 4-bathroom houses (Plot 1- 4,351 sq ft, plot 2- 4,999 sq ft).
Troutstream Hall is a McNamara style house bespoke built in the 1930’s. It was run as a care home for many years and returned to private ownership in 2018.
It is situated in the private gated Loudwater estate. The current house is the only house on the Loudwater Estate to have the benefit of a covenant that the land can be subdivided to contain two private detached dwellings, which can either re-developed to part retaining the main house and the ability to create a new dwelling to the side of the house, with its own access, or knocked down to create two new houses STPP.
The current house is circa 10,000 sq/ft. It has been updated and improved by the current owner. The property could be developed further STPP. The property now benefits from two access’s if the buyer wants to re-apply for planning permission. The current owners are applying for planning permission for 2 dwelling scheme consisting of the retain main house circa 7500 sq dt and new 5 bed detached dwelling circa 4000 sq ft which can be provided on request.
The existing building has a restrictive covenant preventing it from being used as a care home or any other commercial use and flats.
Location Troutstream Hall is located close to Junction 18 for the M25, a short distance away. The site enjoys a semi rural setting about 1.5 miles from Rickmansworth town centre which offers a good selection of shops, restaurants, and leisure facilities. Wider amenities are available in Watford approximately 6 miles away. Rickmansworth station offers a fast commuter service to London Marylebone (26mins) as well as the Metropolitan tube line to central London. The site is within the Loudwater Estate Conservation area.
Planning Local planning authority; Three Rivers District Council. Website Viewing by appointment only
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.
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