3 bedroom Residential development for sale

A Few development options (STPP) with substantial possible return. Standing in excess of 1/3 acre. Standing in excess of 1/3 acre, 'The Firbobs' is a modern detached bungalow with land adjacent which has lawful commencement for the construction of one detached bungalow. The existing property was built in 1988 and is to be sold for the first time in its history. The layout with oil fired central heating and double glazing comprises entrance hall, generous lounge/diner, fitted kitchen with breakfast area equipped with a full range of integrated appliances, study, three good sized bedrooms and bathroom. Full details of the planning consent for the bungalow to be built are available with our Northwich office.
The property and its land has so many further possibilities from the simple implementation of the Lawful Development Certificate that has no time restriction for the building of an adjacent bungalow where it was thought necessary in the future to have ageing parents live nearby (see plan in Northwich office).
It could also be considered as a development project where subject to planning approval the current bungalow was converted into a house by removal of the existing roof, building of a second storey and returning the roof to its new height, thus creating a five/six bedroom property. Whilst there will be many variants of cost dependent upon who builds it and what is included in the interior it would not be unreasonable to suggest that the new property value less build cost and overage would show a profit in the region of £250,000.
N.B. All other properties with direct access to this section of the A51 are houses.
Another consideration instead of the adjacent bungalow, again subject to planning approval, could be to have two four bedroom houses where they sit on the footprint of a former commercial building. If that was done in addition to the above then there would be no further overage.
N.B. There is historical evidence that 21 wagons were operated from the site via entrance/ exit from existing 15m wide dropped kerb.
OVERAGE CLAUSE.The property offered for sale known as The Firbobs, Nantwich Road, Tiverton Heath, CW6 9HN has on its land the benefit of a Lawful Development Certificate, Application No. 23/03447/LDC, for development of an adjacent bungalow permitted by planning permissions 6/16142 and 6/20207.
In the event of alternative development permission being obtained within thirty years from the date of completion to change the bungalow(s) from single storey, increase the number of dwellings on the site above two or obtain permission to change to commercial premises then an overage of £200,000 (two hundred thousand pounds) will becomepayable.
It is intended that overage will be triggered on the implementation of such new planning consent, or the first disposal of any part of the site with the benefit of the changed planning permission, whichever is the earlier.
Notwithstanding the above, the Vendor may be prepared to consider offers excluding an overage provision. If this is the case the purchaser's position should be made clear at the time of making an offer.
CLARITY.No overage will apply where permission is obtained for ground floor extension(s) or for domestic garage as part of The Firbobs.
Tiverton is a quiet and picturesque hamlet situated within 2 miles of Tarporley village and provides its own village green and church. The award-winning village of Tarporley, is renowned for its Historic High Street which is located approximately 12 miles from Chester and offers a superb range of amenities including fashion boutiques, DIY, florists, hairdressers, chemist, hospital, petrol station and other general stores. There is also a range of pleasant restaurants and public houses, which complete the thriving village. Additionally, Tarporley has the added benefit of two highly regarded golf courses. Tarporley has its own two churches and both primary and secondaryschools. There is easy access to the surrounding villages, motorway and railway networks, which give access to the north and south of the UK.