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Studio, in Development Site, £205,000
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Land

Development Site, Lower Barn Street, Off Cranberry Lane, Darwen BB3
Auction Land Planning
£205,000

Our Summary

  • Planning permission for 5 detached dwellings
  • Rarely found investment opportunity to build
  • For sale via auction, no upward chain delay
  • Offered for sale via auction, is this superb residential development opportunity, extending to just under half an acre overall or thereabouts, with planning permission obtained for five detached, versatile, dwellings
  • Blackburn with Darwen Borough Council, granted planning permission on the 27th of July 2022 for the development of five detached dwellings in accordance with application reference number 10/21/0953
  • Full details of the planning application are available on the Blackburn with Darwen Borough Council planning website though we have included some example proposed floor plans, the proposed site plan, and proposed elevation drawings for easy reference
  • It is worth noting that the site has previously had planning permission for three detached bungalows (10/20/1246), so the five detached properties that is granted offers a notable change in usage and potential revenue returns
  • This really is a fabulous investment opportunity and there is a great deal to admire

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Description

The property is a development site with planning permission for five detached dwellings. It spans approximately half an acre, with countryside views and a rural feel despite being near the town centre. The houses are designed with balconies and are set in an attractive, stylish manner.

The site is located near a motorway link, schools, shops, and transport links, making it a convenient location for residents. The planning permission was granted by Blackburn with Darwen Borough Council on July 27, 2022, and the site is freehold with no VAT charged on the purchase price.