Full description
A Development Opportunity available with planning granted for a 2 x one bedroom flats, to be built within the roof area of the existing block of 8 apartments. The present roof will need to be replaced in order to accommodate the proposed new flats. Both flats will comprise of; separate living room, kitchen, bedroom and bathroom.
The planning permission also includes two parking spaces (one per flat) and new 99 year leases with a ground rent of £250.00 per annum. Situated in Daisy Close, Oakdale, the block is near the main Wimborne Road and within walking distance of bus routes to Poole town centre and local convenience shops.
Flat 9 - will have a proposed approximate size of 44 sq mt (473 sq ft)
Flat 10 - will have a proposed approximate size of 55 mt sq (592 sq ft), potential to make flat 10 into a two bedroom flat.
Re-sale values are estimated at £125,000 for Flat 9 and £135,000 for Flat 10 giving a GDV of £260,000.
AGENTS NOTE -
For any Land or Investment site (s), bought through Carter Shaw, the purchaser is required to pay Carter Shaw an Agent Introducer fee of 2% of the purchase price (minimum fee of £1,000) plus VAT, upon completion of the transaction.
In addition for any Land, Development or Investments acquired, Carter Shaw must be instructed to re-sell the finished units at 1% + VAT of completed purchase price, on a sole agency basis, for any properties developed within three years of completion. If Carter Shaw are not instructed and the acquisition is sold by the purchaser/s within this period, an additional fee of 1.5% + VAT (minimum fee £2,000 + VAT) of the original purchase price will be chargeable to the purchaser, in addition to any other costs or charges agreed.
Once the three year period after completion of the purchase has expired, the purchaser is free to offer the acquisition to any third party with Carter Shaw having no financial interest.
Poole council advise The CIL of £9,998.44 to be paid by the purchaser. No party wall agreement has been entered into at this time, the freeholder has given consent. No structural reports have been carried out.
Construct Two x One Bedroom Apartments in Existing Roof Space in Oakdale by creating a New Roof with Dormers and Space to Construct. For Further Information Please Contact the Office on 01202 744500