4 bedroom detached house
St. Marys Rise, Radstock, Somerset BA3
Our summary
  • o Mortgage buyers and cash buyers compete on equal terms
  • Get the best of both worlds: You get to buy properties with a mortgage which are normally reserved for cash-rich investors and cash buyers and you get the security of an exclusive buying transaction with a much smaller deposit
1 bedroom semi-detached bungalow
Fosseway, Clandown, Radstock BA3
Our summary
  • Cash buyers only
  • Potential Conversion STPP
  • Unfinished project suitable for a property developer
  • One bedroom bungalow with potential to to add bedrooms
  • Possibility to extend STPP
  • This one bedroom bungalow is an unfinished development project ideal for a property developer to finish off
  • The bathroom is in project status having had its drainage re plumbed (to basement level) & shower tray inset into the floor to provide scope for a walk in wet room style bathroom
  • The basement has potential to be a new basement flat (subject to planning permission)
  • Council has given consent (permitted development) for the western garden to be converted into a double driveway and for the basement to be dug out to provide a laundry & storage room with a basement entry door (for direct access to the basement from the western driveway)
  • There is potential to build a carport or a garage on the former garden area (subject to planning)
  • The roof joists have been upgraded to provide scope for an open plan Mezzanine floor level & Velux roof windows to make the property open plan & modern with more natural light
  • The basement project provides scope to install a basement divide wall down the centre to separate the existing building into 2 flats (North side flat 7A & Southside flat 7B)
  • Council have given consent for an additional entry door into the existing lounge (direct from the western driveway), and this new door could be the entrance door to 7B North side flat
  • Because converting the garden to a driveway and creating the basement and western access door are permitted development, once driveway, basement, & western access door are completed the 2 flat split could be achieved (subject to planning) without making any new changes to the exterior of the property (hence planning permission maybe easier to achieve)
  • This is because the fundamental works required for the split are permitted development
  • The difficult removal of the basement earth has mostly been achieved (with guidance from building control), the profitable works are set for new owner to develop (subject to planning)
  • The least any new owner will get from this property is a 1 bedroom bungalow with a double driveway & a basement storage/laundry room hence this is a bargain price for the potential the property holds
  • Owner will conduct the viewings and can explain in more detail the flat conversion project potential
  • *please note* All the above advertisement is Subject to Planning Permission 'STPP' *