Land for Sale in Darwen, Lancashire, Lancashire

Residential Development Land for Sale in Darwen, Lancashire

Guide Price: 195,000

Size: 0.33 Acre

Land Type: Residential Development

Planning Permission: Outline Planning Permission

Land Designation: PlanningUse

Seller Last Active: Within the last 41 months

Summary: ***EXCITING RESIDENTIAL DEVELOPMENT OPPORTUNITY*** OFFERED WITH OUTLINE PLANNING PERMISSION FOR 8 HOUSES*** POPULAR RESIDENTIAL AREA IN CENTRAL DARWEN*** WHERE LOCAL HOUSING DEMAND IS VERY STRONG*** EXCELLENT RETURNS POTENTIAL***

Additional Information: 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.

Directions: Travelling through Darwen on the A666 northbound, turn right at Sainsbury's, then 500 yards up the hill take first right on to Ratcliffe St., the land is on your right.

Features Include:

  • Vehicular Right of Access to Site
  • Buildings on Site
  • Water Supplied to Site
  • Electricity Supplied to Site
  • Gas Supplied to Site

Location on Map:

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These particulars have been produced in good faith but total accuracy cannot be guaranteed. Sizes are approximate. Purchasers should verify availability and any detail of importance prior to viewing and purchase. These particulars are not an offer or contract.