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Under OfferFor sale: £1,300,000.00

Residential Development Opportunity

Residential , 6051
Property type: Residential
Tenure: Development Opportunity, Under Offer, For Sale Freehold
Size: 6051
Price: £1,300,000.00
Location: 40 Broadwater Down, TN2 5NX

Location

Broadwater Down is a highly sought after residential location on the south west edge of Tunbridge Wells. The road is within a Conservation Area and is characterised by large period Victorian houses and classified as an Arcadian Area with low density development and protected landscaped frontages. Broadwater Down sits between the Eridge Road (A26), to the west, and Frant Road (A267), to the east, and with easy access on foot to the historic Pantiles & “Village Area” of Tunbridge Wells.

Description

A major portion of a period building, which historically had been partly converted, with planning consent to convert, and extend to the side, to create 5 apartments.

The planning consent allows for the existing building to provide 3 apartments together with the demolition of the pool house and replacement with a two storey extension attached to the western elevation, creating 2 further apartments.

In summary:

“Existing Building”- Conversion

1 no. 3 bedroom maisonette “wing”

2 no. 2 bedroom terrace apartments

“New Extension”

2 no. 2 bedroom apartments

The existing property comprises 4 bedrooms with 2 large reception rooms, study, kitchen, family bathroom, shower room, and large undeveloped lower ground floor area. There is also an indoor pool within a timber pool house, attached to the west elevation.

There is a double garage on the east side of the property together with additional parking in the drive.

The whole site extends to approximately 0.7 acres.

Planning Permission

Planning consent was granted on 18th December 2017 under reference – TW/1703479/FULL.

The decision notice and accompanying plans are available via the website or on request.

Proposed Accommodation

Apartment D - 3 bedroom maisonette “wing”

Ground – 809 sq ft (75.2 sq m)

1st – 884 sq ft (82.1sq m)

Total – 1693 sq ft (157.3 sq m)

Apartment E - 2 bedroom maisonette “wing” with terrace

Ground – 750 sq ft (69.7 sq m)

Lower Ground – 750 sq ft (69.7 sq m)

Total – 1500 sq ft (139.4 sq m)

Apartment F - 2 bedroom with terrace

Lower Ground – 1103 sq ft (102.5 sq m)

Apartment G - 2 bedroom

Ground – 870 sq ft (80.8 sq m)

Apartment H - 2 bedroom

First – 885 sq ft (82.2 sq m)

Tenure

Freehold, subject to existing leases on apartments A, B and C.

Full details on request.

Guide Price

£1,300,000

Terms

The property is offered for sale, on an unconditional basis, with vacant possession of the major part.

Our client will require a long stop period after exchange of 3 months for completion. Our client to have the ability to bring this forward, on notice, should they require. Full details on request.

Viewings

Strictly by appointment and accompanied.
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