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2 bed flat in Cumbernauld

0
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520
1
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520
2
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520
3
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520
4
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520
5
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520
6
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520
7
Ref#: PEN-13367
Cumbernauld, G672BP
£48,000
sq ft: 520

Description

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

 

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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).

 

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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.

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Thornton Heath, CR7
sq ft:

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.

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Woolwich, london, SE18
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Purchase Price: £1,100,000 freehold

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. 

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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. 


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Development Opportunity

Brixton, South London, SW9
sq ft:

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.

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Development Opportunity

Neasden London, NW10
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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

  • Current Planning of 27 - 1,2 & 3 bed units
  • Affordable 11 – 1,2 & 3 bed units (may change & withdrawn to offer no affordable)
  • Shared Ownership – 4 units
  • Commercial – 2 units
  • STP - further 10 units 1 & 2 bed (planning submitted for additional 10 units)

 

THE SITE 

  • Site 0.5 acres
  • First Floor GIA 7,820 sq ft Additional 10 units (STP)
  • Residential Build 40,000 sq ft
  • Commercial Ground Floor 7,820 sq ft

 

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 

  • Freehold Tittle
  • Held in an SPV
  • Full Planning in Place
  • 100% Construction Finance Available
  • Mixed Use Commercial & Residential
  • Additional Planning submitted to increase Residential
  • Located of a busy main road with stress-free transport access
  • High Demand for Rental & Sales 
  • Local Agents are very keen to market this development, sales predictions are listed - 
  • The commercial units would be dependent on the ingoing tenant, large chains or independent businesses would be suited.
  • A small number of affordable units would need to be discounted, meeting the local council’s requirement. New legislation may be positive to decrease/withdraw the cost for affordable.

 

1 BED 

2 BED

3 BED

£295-£310K

£360-£375K

£410-£440K

 

  • Land Acquisition £5m
  • Build Cost £8.5m
  • Professional Fees Included
  • Architect & Design £395k
  • GDV £17,8m
  • Potential Profit £2m+

 

    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

 

  1. Location Neasden 
  2. Riverside New Build Opportunity
  3. Located equidistant from Wembley Park Underground
  4. Site of 0.52 acres 
  5. Presently a single storey warehouse with ancillary offices 
  6. Freehold with vacant possession
  7. New Build Scheme on ground and Upper 5 Floors
  8. Private 42 units (20,973 sq ft) – Planning Approved
  9. Further 10 units – Outline Planning Submitted 
  10. Shared ownership 4 Units (2,626 sq ft) 
  11. Affordable Rent 11 Units  (9,017 sq ft)
  12. 2 x Commercial Units (Use Class B1) 
  13. Overground and 1st floors totalling 7,820 sq ft GIA
  14. All Units will qualify for Help to Buy

For Sale

JV Partner

929 Spring Bank West, Hull, HU5 5BE
sq ft:

We are looking for a JV Partner for a development in Gainsborough

NDA signature required 

Email: info@stevegoodhand.co.uk

Please send email to the above address to request NDA - subject Gainsborough

Regards, Steve

For Sale
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Development of 3 New Houses £575,000 Cambridge

Cambridge , CB7
sq ft:

Pp £575k. 

Build cost £400k. 

Gdv £1.5m. 

You need 25% of the purchase price and a little bit of working capital. So to do this deal, you need in total about £200k. 

Profits £500k approx. You must do your own due diligence. 

For more details feel free to call us on 07886962647. 

Ref - AY

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Completed 10 Unit Development, Blackburn, £550,000

Blackburn, BB1
sq ft:

Completed 10 X 1 Bed Apartments

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£60,000 Achievable Annual Rent

Finder's Fee: POA

Feel free to call us for more info on 07886962647

Ref - MU

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Feel free to call us for more info on 07886962647

Ref - MU