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£900,000

High Street, Irthlingborough, Wellingborough


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Description

An opportunity to acquire a development site extending to circa 0.95acre (0.38 hectare) which has the benefit of detailed planning consent to develop 38no. studio, 1 and 2 bedroom apartments in the centre of this well-served town.

The Site The site extends to about 0.95 acre and is mostly hard standing. The access is via St Peter's Way and sits behind a number of existing residential properties to the east and south, and commercial properties to the west.

Planning Consent The consent is subdivided under 3 different planning applications via North Northamptonshire Council.

"Ironstone"- NE/22/01375/FUL- "Erection of a single block containing 6 apartments (4 x 1 Bedroom Studios & 2 x 2 Bedroom Flats) together with associated parking, landscaping and refuse and cycle storage" was granted on appeal on 12th March 2024

"Lilystone and Flintstone"- NE/21/01725/FUL- "Demolition of existing first floor ancillary retail area, and erection of two floors containing 16 residential units with associated car and cycle parking and refuse store". With subsequent reference NE/21/01311/PDU for the "Conversion of ground floor from retail to residential (8 flats)"

"Petrastone"- 20/00997/FUL- "Erection of block of 8 flats with associated vehicular access, parking and landscaping" was granted on appeal on 26h May 2022

Pre-commencement conditions have been submitted and discharged and material operations have been taken place to keep the respective planning permissions alive in perpetuity.

Building regulations for each of the developments have been dealt with via a private certification process.

Dataroom Please contact Cheffins for access to the dataroom

Easements, Wayleaves, Covenants & Rights Of Way The site is sold subject to all wayleaves, easements, covenants, and rights of way whether or not disclosed in the Report on Title.

Location Irthlingborough is a well-served Northamptonshire town nestled between Wellingborough and Rushden. The town boasts a range of independent shops, pubs, and regular markets as well as a nature reserve and lakes. The town has local schools offering education from pre-school to sixth form. The town is well-placed for commuters with the A6 and A45 providing links to Leicestershire, Cambridgeshire and London. For a mainline service to London St Pancras, Wellingborough station is located about 4 miles south-west.

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Current average is 4.5%

Estimated monthly repayments

£2,965
per month
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Calculation breakdown:

This calculator provides an estimate only and should not be relied upon as financial or legal advice. It only applies to UK residents buying in England and it doesn't apply if you're buying through a company.

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£900,000

High Street, Irthlingborough, Wellingborough


Interested in viewing this property?

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For any questions, please contact us below:

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