Perfect Development Oppurtunity for investors in Darwen!
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***RESIDENTIAL DEVELOPMENT OPPORTUNITY*** IN EXCELLENT LOCATION*** CENTRAL DARWEN, LANCASHIRE***
Outline Permission granted for 8 DWELLINGS (C3) MIXED PROPERTY TYPES in Central Darwen, East Lancashire.
Current plan includes:
1 x Detached Houses, and
1 x Pair of Semi-Detached Houses
5 x Town Houses
The site is situated close to Darwen Town Centre in a popular residential area at the north end of Ratcliffe Street, Darwen, where the former Highfield Working Men’s Club Building is situated.
Presented and finished well, the properties will sell well at attractive prices. Demand locally is very strong and property prices are on the up. This site is very accessible and lends itself well to this development.
On this site, and purely a guide, we anticipate potential values, subject to quality of build and finish, to be in the region of:
3 Bed Town Houses – to have a ceiling price of £100k
3 Bed Semi’s – to have a ceiling price of £130k
3 Bed Detached – to have a ceiling price of £150k
With Total Potential Values amounting to: £910k
Please note: the Section 106 Agreement with the Local Authority requires a payment of £1500 per property, being £12k in total.
Also: Please note this site is Leasehold with a new Lease for 250 Years being created at point of sale. Ground rents to be collected by the Landlord upon completion of sale of each property. The Landlord may enter into negotiations to sell the freehold tile.
IN OUR OPINION:
We genuinely believe this is an attractive development site perfectly situated to create a lovely small development in a popular part of town with all amenities to hand, excellent transport connections, and excellent views across neighbouring countryside.
As an agent we would be more than happy to help the buyer/developer achieve these prices and can offer our Unique Part Exchange Facility to potential buyers to facilitate chain free sales if required without involving the Developer.
Depending on your needs we can also offer you you a customised Developer Seller Package to include:
Full Part-Exchange Facility (Unique to us) for buyers.
Unique and Fully Customised Development Sales Website and Enhanced Marketing Package.
Dedicated Sales Manager to handle all sales enquiries.
Dedicated Solicitors to provide First Class Conveyancing Services etc
Sourcing local contractors from our Approved Contractor list. Inc.. Architects, Solicitors, Electricians, Plumber, Dry Liners etc….
And other facilities as required.
If you are thinking of Build-to-Rent, we would work with you to have all properties tenanted with fully vetted and high calibre tenants in a quick time scale. Should you wish to sell some or all to investors we have a significant database of worldwide investors prepared to buy on our recommendation.
For more information on this exciting development opportunity please feel free to call into our office to inspect all the paperwork.
Alternatively you may visit the Blackburn with Darwen Council Planning Website and search for Planning Application Number: 10/15/1292 where all reports and surveys etc may be found and downloaded.
We are open 6 days a week, and open until 7pm on Wednesdays..
ALL OFFERS WILL BE TREATED IN STRICT CONFIDENCE AND MUST BE MADE TO AINSWORTH LORD ESTATES LTD.
WE ARE APPOINTED AS SOLE AGENT WITH SOLE SELLING RIGHTS.