Land for sale in The Stable Mews & The Paddock, Penstowe, Kilkhampton, Bude EX23, £399,000

399,000.00

Offer Nr.:
64241498
Type of ad:
for Sale
Property type:
Land
Contact name:
100 Key Properties
Phone(s):
020 3641 4369

* Freehold
* Unique freehold development opportunity
* Located near bude, north cornwall
* Partially started freehold seven property development in need of completion
* Cil paid in full
* Full planning granted
* Development comprises: 2 luxury detached houses, 2 cottage style houses, 3 town houses
* Infrastriucture and utilities in place and much of ground work done
* Easy access site
* Break up and resale potential
* Buyers fee aplies – auction pack available on request
* Property description The Stables**For sale by online auction on Thursday 30th November 2023**
**Description**
The Stables Mews and Paddock development.
**Unique freehold development in need of completion
**
**For sale by online auction on Thursday 30th of November 2023**
A genuine retirement sale of a Freehold partially completed development
presenting great return on investment opportunity. This offers the unique
prospect to complete this luxurious development in a sought - after location
near Bude and the North Cornish Coast.
The thriving village of Kilkhampton is walking distance where you will find
two very good pubs, a fish & Chip shop, two well supported supermarkets, a
post office and other general supplier. And within ten minutes you could be in
the resort of Bude to enjoy more excellent restaurants, cafes and the famous
beaches with its open - air sea pool, one of only a few left in the country.
The offer is a freehold partially completed development comprising seven
luxury properties being two detached 4 bedroom house, two detached cottage
style house and a large stone Mews building for conversion to three town
houses, sold with vacant possession.
The Stable Mews enjoys two parts, one being the charming Mews courtyard which
will have a development of 2 and 3 bedroom properties and part two, "The
Paddock" accessed through the mews, opening out to a select community of 4
luxury (Two sold) detached private residences.
The properties will enjoy off road parking, spacious sizes and the houses with
lawned gardens. All properties will be fully double glazed and benefit air
source underfloor central heating.
The properties when completed will have good resale value as principle or
second homes or make excellent letting or holiday accommodation, each option
presenting a good return on investment to any builder developer.
Due to the superb location and the wide market appeal both as main residences
or second homes, high demand is expected on this development.
**Planning information
**
Application No: PA18/01359
Application No: PA19/02816
Planned specifications available on request, although we assume there would
also be considerations given to new specs.
1/ Detached four - bedroom house with plans drawn as:
Reception Hall & WC Cloakroom
Open plan Kitchen diner with sliding doors to garden x 2
Lounge with French sliding doors to garden
First floor
4 Bedrooms with one being ensuite
Family Bathroom
All services on site to this plot
Current end value £440K (Based on recently sold)
2/ Detached four - bedroom house with plans drawn as:
Reception Hall & WC Cloakroom
Open plan Kitchen diner with sliding doors to garden x 2
Lounge with French sliding doors to garden
First floor
4 Bedrooms with one being ensuite
Family Bathroom
The base is laid and all services are on site to this plot
Current end value £440K (Based on recently sold)
3/ Town House with plans drawn as:
Living Room
Kitchen Dining Room
Bathroom
Three double bedroom with one being en - suite
Current end value £325K (Based on local comparable and previous sales)
4/ Town House with plans drawn as:
Open Plan Kitchen Living Room
Bathroom
Two double bedrooms
Current end value £265K (Based on local comparable and previous sales)
5/ Town House with plans drawn as:
Large Living Dining Room
Kitchen on first floor
Bathroom
Two double bedrooms
Current end value £265K (Based on local comparable and previous sales)
6/ Detached Cottage style Single storey House with plans drawn as
Open plan kitchen living Room
Shower Room
Two double bedrooms
Current end value £245K (Based on local comparable and previous sales)
7/ Detached Cottage style House with plans drawn as
Open plan kitchen living Room
Bathroom
Two double bedrooms with Jack & Jill ensuite
Current end value £245K (Based on local comparable and previous sales)
nb: Current end values given as guide prices
This property is for sale via Online Auction.
All mains water, electricals, telecoms and fibre broadband) on site
cil (Community Infrastructure Levy) Paid I full
The site so far has been Architect supervised.
Please note photos, specifications and measurements are for guidance purposes
only
No further works will be taking place on the development prior to the sale.
Tenure - The property is offered for sale freehold and with Vacant Possession
on completion.
Viewing strictly by appointment with the local agent: Nk Estate Agent
Local Authority
The local authority is Cornwall County Council, County Hall, Treyew Road,
Truro, Cornwall, TR1 2AY Telephone: Agents Notes
None of the services or appliances, plumbing, heating or electrical
installations have been tested by the selling agent. Any maps used on the
details are for identification purposes only.
None of the statements contained in these particulars as to this property are
to be relied on as statements or representations of fact. All figures,
measurements, floor plans & maps are for guidance purposes only.
The property is sold subject to and with the benefit of all outgoings, rights
of way, easements & way leaves there may be, whether mentioned in these
general remarks and stipulations or particulars of sale
Buyers Premium
* Plus 3% Buyers Premium + VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre - auction offer prior to the
auction date. All auction conditions will remain the same for pre - auction
offers which include but are not limited to, the special auction conditions
which can be viewed within the legal pack, the Buyer's Premium, and the
deposit. To make a pre - auction offer we will require two forms of id, proof of
your ability to purchase the property and complete our auction registration
processes online. To find out more information or to make a pre - auction offer
please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal
pack and these costs will be payable on completion. The legal pack is
available to download free of charge under the 'legal documents'. Any stamp
duty and/or government taxes are not included within the Special Conditions
within the legal pack and all potential buyers must make their own
investigations.
Local Authority
Tenure: Freehold

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