Development Property Essex CO15 £450,000 UNSOLD, CONTACT AUCTIONEER FOR RESERVE PRICE/AVAILABILITY STATUS

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Auction date: Mon, 11/06/2018 - 10:00

Rarely do we see a development and refurbishment opportunity which offers so much potential. The site currently comprises a substantial private residence set in its own grounds with gardens to the side. It is now being offered with planning approved to divide the existing property into one three-bedroom house and one four-bedroom house along with separate permission for a detached three-bedroom house to be erected in the grounds. Although planning has been approved for the current scheme, within the legal paperwork there is a positive Pre-application Advice Notice regarding conversion of the house into nine self-contained units. It may also be possible to develop this building and site in other ways, subject to all the necessary consents being obtainable. The original property has been used over the years as a small boutique hotel, a care home and, more recently, as a private residence.

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