Land SSTC

Margetts Road, Kempston, Kempston, Bedford, MK42

OIEO - £100,000
 
 
 
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  • Description

    *DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION*
    With detailed planning permission for the construction of a spacious two bedroom/two-bathroom dwelling with undercroft parking.

    SUMMARY
    Infill plot located between 13-15 Margetts Road,Kempston.
    Plot access from Margetts Road.
    Planning permission granted for the erection of a 2 bedroom/2-bathroom dwelling with undercroft parking.
    Private garden area.
    Drop kerb already in place and statutory services all close by.
    LOCATION
    The plot is fronting on to Margetts Road and is c1.5 miles to the south of Bedford town centre and conveniently situated for access to the A421 dual carriageway linking the A1 and M1 motorways. Bedford is 14 miles to the east of Milton Keynes and 25 miles to the west of Cambridge. Bedford main line railway station has fast, frequent trains to London St Pancras International. The property is in close proximity to Addison Park & local shops are close by.
    PLANNING
    Planning permission ref 17/01277/FUL for the erection of a 2-bedroom dwelling with ground floor parking was granted on 27th September 2017.
    Planning permission has been implemented by the installation of part of the foundation (see photos on last page) so the consent is extant.
    COMMUNITY INFRASTRUCTURE
    The property will be liable for CIL payment at the amount of £55 m2 + indexation (self builders will qualify for an exemption).
    ACCOMMODATION SCHEDULE
    Type Sq.Ft. Bath Parking
    2 bed c.1,030 2 3 spaces
    (over 3 storeys)
    Note: Subject to approval of a minor planning amendment, it may be possible to reconfigure the layout and convert the single parking space to additional accommodation (this is not to be a condition of sale)
    SERVICES
    We believe that mains water, gas and electricity are available in Margetts Road, but prospective purchasers must satisfy themselves in respect to availability and adequacy of supplies to serve the new dwelling.
    TENURE
    The plot is to be sold freehold, with the benefit of full planning permission.
    Terms
    GUIDE PRICE: Offers invited in excess of £100,000
    CONDITIONS OF SALE:
    i) The purchaser is to exchange unconditional contracts within 15 working days from when their solicitors receive draft contract documentation.
    ii) Legal completion to take place within 15 working days from exchange of contracts.
    iii) Purchaser to provide an undertaking to cover the solicitors legal costs up to £3,000, should they withdraw from the sale.
    CONTACT Compass Land and Development to arrange a viewing.
    Compass 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 January 2021. These details are presented subject to Contract and without prejudice.

  • Floor plans

  • Energy Ratings

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The staff at Compass have in excess of 100 years combined experience in Residential Property sales in Bedford and surrounding areas. They also have extensive experience in land & development, lettings and can offer financial advice via an independent financial and mortgage services company.

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