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Our Summary
- Residential Development Opportunity
- Further Development Potential STPP
- Planning Ref: 24/00728/pacu
- Further Development Potential (Subject to Planning):In addition to the approved scheme, the vendor is in the process of preparing a further planning submission to enhance the development, offering clear future upside for an incoming purchaser
- Drawings have been prepared to support this next phase, presenting an attractive opportunity for developers seeking value engineering, increased density, and improved gdv in a prime location
- Further Development Potential (subject to planning)
- Scope for Additional Units & Extra Floor
- The combination of planning certainty, generous parking provision, and clearly defined future development potential makes this a compelling proposition for developers seeking both immediate deliverability and longer-term upside
- Further information, including planning documentation, approved and proposed drawings are available upon request
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Description
The property is a consented development on Billericay High Street, consisting of 10 self-contained apartments on the first and second floors, with an approved unit mix of 8 one-bedroom and 2 two-bedroom apartments. The development features 18 allocated car parking spaces, a premium for a High Street location. The building occupies a prominent position in a thriving commercial environment, surrounded by established retailers, cafes, and amenities, with Billericay railway station within walking distance.
There are also opportunities for further development, subject to planning, including proposals for additional residential units, a ground floor office/retail space, and an additional storey.