Lot 153 Outstanding Opportunity! Four Link-Detached Houses With 1.17 Acres And Potential For DevelopmentAuction Date:
21st September 2022
Land & Buildings, 1-4 Beaumont Davey Close, Faversham, Kent, ME13 8XR
Instructions from Kent Fire & Rescue
An outstanding opportunity comprising an existing block of four link-detached houses now in need of improvement and standing on a plot extending to 1.17 acres (0.47 hectares) with potential for re-development or further development, subject to all necessary consents being obtainable.
Located in the southern area of Faversham with good access to the town centre, mainline railway station and the M2 motorway Junction 6.
A significant new residential development with commercial elements, including a Premier Inn and an Aldi supermarket is currently under construction and situated immediately to the south. In addition a residential development scheme of 10 new dwellings is under construction and is located opposite on the eastern side of Ashford Road.
The existing link-detached houses are in need of improvement. There is an additional triangle of land to the south of these that may have potential for residential development, subject to all necessary consents being obtainable.
Alternatively there may be potential for complete re-development of the site and buildings to create a higher density residential or alternative scheme, subject to all necessary consents being obtainable.
Planning Notes
A response, from Swale Borough Council, to a submission seeking Pre-application advice for re-development of the entire site for up to 10 dwellings was received on the 21st January 2022 and is available within the legal pack. The advice letter states as follows "The site now lies within the built up area of Faversham according to the adopted Local Plan, and as such the principle of residential development is acceptable".
In addition Planning Permission was granted by Swale Borough Council, under ref: 16/507275/FULL, dated 9th December 2016, for extension of the existing private road with turning tee and the erection of two detached dwellings with integral garages; occupation of the house being limited to persons for Affordable Housing. This Planning Permission has now lapsed.
Subsequently Planning Permission was granted by Swale Borough Council, under Ref: 18/500688/FULL, dated 30th May 2018, for the removal of the condition to allow houses to made available as market housing.
Existing Accommodation
The existing link-detached houses each comprise similar accommodation as follows:
Ground Floor
Entrance hall, living room/dining room, kitchen and rear hall/ utility room.
First Floor
Landing, three bedrooms and bathroom with W.C.
Outside
Attached Garage.
Council Tax Band D
Electricity Substation (Shaded Brown on the Location Plan Opposite)
Tenure
Sold on a long ground lease for a term of 80 years from 29th October 1991.
Freehold with Vacant Possession (Except Substation)
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
