A vacant two-bedroom detached bungalow offering significant extension and value-add potential, with architectural plans prepared for a three-bedroom layout and a potential GDV in excess of £325,000 once extended and modernised.
Open House Viewings (no need to book)
Saturday 19th September at 12pm until 12:30pm
Saturday 26th September at 12pm until 12:30pm
Monday 05th October at 12pm until 12:30pm
Description
An excellent opportunity to acquire a two-bedroom detached bungalow with significant extension and value-add potential, situated within the popular and well-regarded village of South Cave in East Yorkshire. Offered with vacant possession, the property will appeal to owner-occupiers, downsizers, developers and investors alike.
The existing accommodation extends to approximately 732 sq ft (68 sq m) and briefly comprises an entrance hall, spacious living room, fitted kitchen, two bedrooms, shower room, separate WC and conservatory.
Of particular interest is the potential to substantially extend and reconfigure the property to create an impressive three-bedroom bungalow. Architectural drawings and a detailed Permitted Development Design Guide/Planning Statement have already been prepared and will be included within the legal pack. The proposed scheme provides for a single-storey rear extension together with internal alterations, creating a third bedroom and a considerably enlarged open-plan living/dining area. The proposed floor plan indicates accommodation extending to approximately 1,000 sq ft (93 sq m) once completed.
The architect has designed the proposal with the intention of satisfying the relevant requirements of Class A Permitted Development, taking into consideration neighbouring extensions, site coverage, height, materials and the relationship with adjoining properties. Purchasers should note that the final Permitted Development position remains subject to confirmation with the Local Planning Authority, and consideration has been given to obtaining a Lawful Development Certificate.
The development potential is further supported by recent sales evidence within half a mile for three-bedroom bungalows, which have sold for in excess of £350,000 once modernised.
Externally, the property benefits from established gardens to the front and rear, with the rear garden providing scope for both the proposed extension and further landscaping. The existing bungalow would benefit from a programme of cosmetic modernisation, giving purchasers the opportunity to improve the property to their own specification while potentially adding significant value.
Located within the sought-after village of South Cave, the property is conveniently positioned for local shops, amenities and transport connections, with good access to surrounding East Yorkshire villages and the wider road network.
An increasingly rare opportunity to acquire a vacant detached bungalow offering both immediate residential potential and an exciting development opportunity, with architectural plans already prepared for its transformation into a larger three-bedroom home.
Tenure: Freehold
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
£3,600 inc vat payable upon the fall of the virtual gavel
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- 2 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 0114 223 0777 for more information
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