Fantastic property for sale near Hamilton city center prime location. Less than 10 minutes walk to the train station and about 5 minutes walk to the bus stop.
Its already been let out for £450/month and comes with all the landlord certificates.
If you have more question get in touch.
BLOCK INVESTMENT
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Completed Project: 9 apartment units + 3 Commercial units, St Rule building, SW8
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2 bedroom ground floor flat situated in the Kildrum area of Cumbernauld. Internally the property comprises a welcoming hallway which leads to a fabulous size lounge with electric fire and surrounds. The lounge leads to a modern fully fitted kitchen which includes a generous range of base and wall mounted units with integrated oven, hob, hood, fridge/freezer, washing machine and dishwasher with breakfast bar offering space for dining. The accommodation is complete with a spacious shower room comprising of a 2 piece white suite. The property also benefits from full double glazing. It has gas central heating. Externally the property benefits from a secured entry system. Viewing is essential to fully appreciate the accommodation on offer on this spacious 2 bedroom ground floor flat.
Tenant paying £420/month at the moment
The property, which is located with the London Borough of Havering, benefits from Sui Generis Use (MOT Centre) and A1 Retail Use (Costa Coffee).
The property offers potential for comprehensive redevelopment by way of either a fully residential or mixed-use scheme, subject to obtaining the necessary consents.
A pre-application process is due to be undertaken with the Local Authority, which will seek feedback on two design options, which would deliver either 40 or 41 apartments plus 5,000 sq.ft. of commercial space. So currently without planning.
The site is also suitable for continued commercial uses which benefit from a highly visible frontage on a busy East-London High Street.
The property comprises a 2-storey commercial unit located to the front of the site occupied by Costa Coffee, a car MOT centre with under croft service area and front and rear parking area.
The existing buildings on site extend to approximately 7,319 sq.ft. (680 sq.m.) with the covered under croft service area extending to 1,878 sq.ft. (174.5 sq.m.), the overall site area extends to 0.34 acres.
The property currently comprises a former printing works together with three attached shops, all of which are vacant occupying a site extending to c.0.12 hectares (0.29 acres).
Planning permission (Ref: 18/01629/FULM), was granted on July 2018, for the redevelopment of the site to provide a mixed-use scheme comprising 30 residential units (Class C3) and flexible commercial units. A variation to condition 2 was approved which amends the internal layout and external elevations to facilitate a revised mix of accommodation pursuant to the above planning permission. As such, the site is now being sold with the benefit of planning permission for 36 apartments.
The proposed development will provide 25 x 1-bed, 9 x 2-bed and 2 x 3-bed units with a total Net Saleable Area of 2,061m2 (22,185ft2) as well as 3 commercial units extending to 220m2 (2,368ft2) GIA.
All of the units will be for private sale with the consent subject to a unilateral undertaking under Section 106 which includes financial payments which total £282,000, including a payment towards the provision of affordable housing. We estimate the CIL payment to be £228,000.
Based on pricing provided by Stone Real Estate (see attached) they anticipate the GDV to be in the region of £12,000,000 for the residential element which reflects £541 per ft2. Taking into account a GDV of circa £500,000 for the commercial units we expect a total GDV of £12,500,000.
An opportunity to acquire a consented freehold development site just 0.3 miles from Thornton Heath Railway Station. The subject site is currently occupied by a pair of 3-bedroom semi-detached houses and benefits from a planning permission to demolish the existing dwellings and erect a part 3 / 4 storey block comprising of 8 apartments (2 studios, 3 one beds, 1 two beds & 2 three beds). The finished units all benefit from private amenity space, are conveniently located close to the railway station and the main high street. Additionally, all finished units sit within the 'Help-to-Buy' threshold and should a buyer be interested in retaining the finished units, there is a strong local rental market.
An opportunity to purchase a consented freehold development site in Woolwich, SE18.
The planning consents a 4-storey rear extension, together with 2 new storeys on top of the existing building (second and third floors), to provide a total of 8 apartments and 2 commercial units. The scheme is designed to comprise 1 x one bed and 7 x two bed apartments, and 2 commercial units with flexible (E) use class. Furthermore, all of the apartments will benefit from a rear private balcony, and both a bathroom and en-suite off the main bedroom, together with plenty of built in storage space and lots of natural light.
Of the 8 apartments in total, it is believed that 6 will be eligible for Help To Buy (on the basement, ground, second & third floors). The first floor however is an extension of the existing apartment into the rear, and as such, we don't anticipate Help To Buy will be applicable on the 2 units here. Further points of note are:
1) The first, second and third floors all mirror each other with a central stair core which simplifies construction.
2) It is believed that there is potential to further enhance the planning permission by reconfiguring to 9 x two bedroom apartments with no commercial.
The site has planning permission to convert and extend the existing 2 storey building to provide a 5 storey mixed-use development with 2,206sqft of retail, 3,649sqft of offices / employment space and 8 private flats above. The existing first floor fronting Coldharbour Lane has potential to convert into a further 2 flats under permitted development rights (class G) taking the development to 10 flats.
Mixed use development opportunity, planning for 42 residential & ground floor commercial units, further plans have been submitted for an additional 10 units, totaling 52 residential.
Located centrally of mixed commercial and a large residential housing association building, local amenities and public transport minutes walk from the site.
Full Data Room Available On Request.
DEVELOPMENT WITH FULL PLANNING FOR 42 APARTMENTS & COMMERCIAL
GROUND PLUS 5 FLOORS, WITH GROUND FLOOR COMMERCIAL
THE SITE
OVERVIEW OF THE SITE
GROUND PLUS 5 FLOORS, WITH GROUND FLOOR COMMERCIAL
To demolish current commercial site and build a five storey building, full planning in place and 30+ car parking spaces, 90+ bicycle stands and a small communal garden area.
Located in a prime mixed residential and commercial area.
Close to many amenities, including large supermarkets and underground tube stations.
Affordable living apartments for first time buyers or investment portfolio.
High rental demands in the local area.
Located next to a large housing association, with its own access to parking.
KEY FACTS
1 BED | 2 BED | 3 BED |
£295-£310K | £360-£375K | £410-£440K |
SECTION 106 | £33,000k | (S106 is due to change in legislation, this may have a positive impact once new legislation is confirmed) | ||
C I L | £1,2000m | (new recent guidelines can be explored to re-structure the CIL) |
HIGHLIGHTS
Plymouth is a long leasehold development
Originally 125 years with 112 years left
There is planning for commercial and retail plus 18 storey building for student accommodation
Asking Price £5.5m
The vendor is negotiating an increase to 999years
A commercial and retail 18 storey building for student accommodation £5.5m
There is a 5-floor commercial building on the land at the moment.
It is a long leasehold
Originally 125 years with 112 years left
The vendor is negotiating an increase to 999years
Planning expected in the very near future for 9 residential apartments with car parking
The site has been fully demolished and now flat surrounded by high standard security fences
Invest Alongside Developer in 3 brand new Family Homes Development in Hampshire, UK
Minimum investment £25k
Estimated 14-month project.
Security: 1st, 2nd charge and loan options available
Developer investing alongside investors
Fixed returns or profit share options available depending on size of investment
Highlights:
• Planning permission granted
• Site surrounded by the impressive Southwick Estate (North Boarhunt, Hampshire)
• Total purchase and build cost of £1.9m
• Overall GDV of £2.6m -> so a healthy 27% profit margin.
A Hampshire-based property development company which invests alongside external investors and has a strong track record is looking for investors in their latest project.
This will take the form of the development of 1 x 4-bed family house and 2 x 3-bed family houses in North Boarhunt, Hampshire and it is shovel-ready with planning permission granted and is surrounded by the beautiful Southwick Estate.
The 4 bed home will be pre-sold and terms agreed by exchange of contracts with 1 of the 3 bed houses currently also in sale negotiations.
The site is well positioned in terms of motorway access to northern and southern UK cities as well as outstanding train links. The contractor in charge of building the project has worked with the developer several times and is perfectly suited to the job.
There are equity, debt, or blended debt/equity options should investors wish to discuss those.
The developer has just finished a project so there is a property available to view to see the quality that goes into their homes, and site visits with the developer are also offered. Photos of a recently completed home are attached.
Testimonials and full details available upon request to show that the developer has a track record of returning investors' funds.
Quarterly updates and site visits during the build at specific stages are available.
If you would like to know more please message me.