Carbery Avenue, Bournemouth, Dorset, BH6

£900,000

Guide price

A rare opportuity to acquire a substantial plot with planning granted for four x three bedroom cluster townhouses with an expected GDV of circa £2,300,000.

A rare opportuity to acquire a substantial plot with planning granted for four x three bedroom cluster townhouses with an expected GDV of circa £2,300,000.

PROPERTY DESCRIPTION

Planning has been granted to demolish the existing building to create four three-storey townhouses, which will benefit from parking and private or communal gardens.

(Planning application number: 7-2020-17708A)

The current building sits on a plot appoaching 1/4 acre and offers over 2800 square foot of accomodation to include 6 bedrooms and multiple reception rooms. We understand the house is in need of improvement and we estimate the house itself to be worth in the region of £1,000,000 once refurbished to a good standard.

The new houses have been designed to create open plan living on the ground floor with three bedrooms and two bathrooms being set on the first and second floors. Some will benefit from private gardens whilst others will have first floor balconies although there is the possibility to slightly alter the planning by offering gardens to each unit.

The proposed new houses are spacious, being between 1580 and 1745 square foot and we anticipate resale values between £525,000 and £600,000 with an expected GDV of around £2,300,000.

The existing access to the front and parking area is to be retained and updated to provide four unallocated spaces required for the units whilst to the rear, the garden is to be left as communal, with 2 smaller landscaped areas for the rear facing houses to provide some security and privacy.

The plot is positioned within an enviable location, on a highly sought after tree-lined avenue and within a 10 minute walk to Southbourne Grove and local clifftops.

Consumer Protection from Unfair Trading Regulations 2008.

The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.

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Slades - Southbourne

51 Southbourne Grove, Southbourne, Bournemouth, Dorset, BH6 3QT

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