Guide price £345,000
Sold
REF: NEW180179
An exceptionally rare and exciting opportunity to acquire a residential development site in a sought after town location with full planning permission for two chalet bungalows.
Full planning permission for 2 detached 3 bedroom chalet bungalows with projected approximate gross internal area of 1,719 sq ft for each property in accordance with REF: 18/00058/FUL. Attractive gardens, garaging and additional parking.
THE PROPERTY
The sale provides an exceptionally rare and exciting opportunity to acquire a residential development site with full planning permission for two chalet bungalows set on the south-eastern edge of Newmarket, within an attractive and well-located position close to the town centre.
Full planning permission was granted on 12 March 2018 by East Cambridgeshire District Council (Ref 18/00058/FUL) for the scheme. Each chalet bungalow has a projected gross internal area of 1,719 sq ft / 159.7 sq m, with accommodation comprising an entrance hall, kitchen/dining/living room, study, utility room, bathroom, bedroom with dressing room and en-suite bathroom, two first floor bedrooms and shower room.
Outside, each property with benefit from an attractive garden, single garage and additional parking with access to an adopted ‘no through road’ forming the last section of Centre Drive.
SPECIAL CONDITIONS OF SALE
The purchaser will be required to comply with all conditions relating to the planning permission (REF 18/00058/FUL).
The planning permission has been granted subject to a Community Infrastructure Levy (CIL) payment, which is in the process of being re-calculated by East Cambridgeshire District Council, for which the buyer will be responsible for payment on commencement of the development.
LOCATION
The site occupies an attractive position on the south-eastern edge of Newmarket between Ashley Road and Centre Drive, close to Duchess Drive. This area of the town adjoins established studland and is close to Warren Hill Gallops.
Newmarket is set in attractive countryside on the Suffolk/Cambridgeshire border and is world famous as the headquarters of British horseracing. The town is home to many racing institutions including the National Stud, the National Horseracing Museum, Tattersalls and The Jockey Club. Some of the finest racing in the world is seen on Newmarket’s two racecourses: The Rowley Mile and The July Course. Newmarket itself provides a good range of amenities including schools, shops, supermarkets, hotels, restaurants and leisure facilities, including health clubs, a swimming pool and golf club; Cambridge and Bury St Edmunds offer further amenities. There is excellent access to the A14 and A11 (M11). There is a branch line connection from Newmarket to Cambridge and Ipswich. Cambridge, Audley End and Whittlesford Parkway offer direct rail lines in to London, with the fastest trains taking under one hour. Stansted International Airport is approximately forty minutes’ drive.
PROPERTY INFORMATION
METHOD OF SALE: The property is for sale as a whole by private treaty with vacant possession on completion.
SERVICES: Mains water, electricity and drainage are available in the locality.
LOCAL AUTHORITY: East Cambridgeshire District Council Tel: 01353 665555
VIEWING: Strictly by appointment only through sole agent: Jackson-Stops – 01638 662231
PLANNING PERMISSION: For full details of the planning permission (18/00058/FUL) go to: www.eastcambs.gov.uk/planning/current-planning-applications