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Development Site with Former Shop/Flat, at 188 Southwell Road, Rainworth, Nottingham, NG21 0EH

Lot no: 31 Re-entry to a future auction for £195,000
 

Guide Price £185,000+ plus fees


Thursday 16th March 2017

11.30am
Key Features
  • Development Site with Former Shop/Flat above
  • Shop having planning permission to convert to residential
  • Development Site with Outline Planning Permission for the erection of two storey building housing 5 flats (2x two bed and 3 x one bed) and three houses
  • Popular village location well positioned for Mansfield, Nottingham and M1 Motorway
  • EPC Rating: G Floor flat: G, F Floor flat: G
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Re-entry to a future auction for £195,000

Land

Property Description:

DRAFT DETAILS

An unusual an exciting opportunity to acquire a large, level, rectangular shaped parcel of land with planning permission (application ref no. 2016/0502/ST) for the erection of a two storey building to include 5 x self contained apartments (1 x 2 bed and 4 x 1 bed), coach house style driveway with parking spaces and a further building with planning for 3 x three bedroomed townhouses.

Interestingly, the property included within the sale (188 Southwell Road) has planning permission approval (application ref no. 2016/0500/ST) for change of use from shop (Class A) to use within Class C3 (dwelling house) to form a ground floor flat. We are informed by the seller that the two bedroomed flat above is in generally good condition, however we have not inspected.

In accordance with the approved plans, the two storey block will consist of two ground floor self-contained apartments, both comprising open plan living kitchen/lounges, double bedroom, useful large storage room and separate bathroom. The communal entrance hall with staircase leads to the first floor where there are three self-contained apartments, two of which are one bedroomed and a further two bedroomed self contained apartment.

There will be a coach-style driveway with allocated parking spaces and leading to a separate block of 3 x two storey three bedroomed townhouses. In accordance with approved plans, the living accommodation for each will consist of Entrance Hall with Guest Wc, Kitchen and Lounge. To the first floor there will be a Landing, Three Bedrooms and a Bathroom. Outside there will be allocated parking spaces and an enclosed garden to the rear.

We feel an alternative scheme may also be considered and any enquiries should be made with Mansfield District Council.

The village of Rainworth boasts an excellent range of amenities including local primary school, numerous shops, mixed housing and has excellent road network connections providing swift access onto Mansfield, the M1 Motorway and the city of Nottingham.

Tenure:

Freehold. Vacant possession upon completion.