3 bedroom bungalow for sale

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3 bedroom bungalow for sale

Trolliloes, Cowbeech, Hailsham, East Sussex, BN27
£475,000

Our Summary

  • OFFERS INVITED IN EXCESS OF £475,000PLEASE SEE THE VIRTUAL TOUR HERE OR ON OUR OWN WEBSITE • POTENTIAL BESPOKE LUXURY BUILDING PLOT LOCATED IN A VERY DESIRABLE QUIET RURAL SETTING• EXISTING DETACHED THREE BEDROOM BUNGALOW WITH FOUR RECEPTION ROOMS • FURTHER EXISTING DETACHED ANNEX • QUIET RURAL SETTING • SET WITHIN APPROXIMATELY A THIRD OF AN ACRE TBV • OFF ROAD PARKING FOR UP TO 6 CARS OF VEHICLES • EXCELLENT POTENTIAL, SUBJECT TO PLANNING TO REPLACE SITE WITH TWO NEW BUILD BESPOKE PROPERTIES OR A BESPOKE NEW BUILD SINGLE MAIN DWELLING WITH A NEW DETACHED ANNEX• EXISTING ANNEX• GOOD BT BROADBAND SPEEDS • WORKSHOP • FABULOUS LOCAL RURAL WALKS IDEAL FOR DOG WALKING • UBER EATS DELIVERY AREA • FRIENDLY LOCAL NEIGHBOURHOOD • HORSE FRIENDLY AREA• LOW TRAFFIC AREA• CONVENIENT DRIVING DISTANCE TO THE MAINLINE STATIONS OF POLEGATE, ETCHINGHAM AND STONEGATE• CASH BUYERS ARE ONLY REALLY CONSIDERED SUITED TO THIS PROPERTY PURCHASE, DUE TO ITS PRESENT PART TIMBER CONSTRUCTION, WHICH REDUCES THE NUMBER OF MORTGAGE LENDERS WHO MAY BE PREPARED TO LEND ON THIS PROPERTY
  • EXISTING BUNGALOW ACCOMMODATION: KITCHEN / BREAKFAST ROOM * UTILITY ROOM * CLOAKROOM * INNER SNUG RECEPTION ROOM / STUDY OFFICE * SITTING ROOM WITH FIREPLACE * FAMILY ROOM / FORMAL DINING ROOM ALSO WITH FIREPLACE * REAR LOBBY * ORANGERY / CONSERVATORY * SIDE LOBBY / BOOT ROOM * INNER HALL * THREE DOUBLE BEDROOMS * FAMILY BATHROOM / SHOWER ROOM * DOUBLE GLAZED WINDOWS * OIL FIRED HEATING * FITTED WOOD BURNER IN SITTING ROOM * OPEN FIREPLACE IN FAMILY ROOM / FORMAL DINING ROOM * EXISTING ANNEX ACCOMMODATION: KITCHEN AND OPEN PLAN DINING ROOM * CLOAKROOM AND SHOWER ROOM * LARGE OPEN PLAN BEDROOM AND SITTING ROOM * POTENTIAL TO BECOME A HIGH YIELDING AIR B&B HOLIDAY RENTAL UNIT * ALSO SUITABLE FOR LARGE HOME OFFICE OR RELATIVE ACCOMMODATION
  • EXCELLENT REDEVELOPMENT POTENTIAL: After a discussion with our in-house planning department, we understand that there is excellent potential for planning to be granted for either a large single replacement luxury detached bespoke bungalow / chalet bungalow / house, as well as for it to also have a new associated replacement detached annex
  • Furthermore, there may also be the possibility of replacing the exiting site with two bespoke bungalows or chalet bungalows, also subject to planning
  • DESCRIPTION: Ideal for redevelopment to build a luxury bespoke dwelling with a detached annex, as well as also being a rare opportunity to purchase a detached three-bedroom bungalow also with a separate detached annex, all of which is understood to have an approximate plot size of around a third of an acre (TBV)
  • PLEASE NOTE: CASH BUYERS ARE MORE SUITED FOR THIS PROPERTY (This is due to the construction being part timber frame, as well as brick, which some mortgage lenders are reluctant to lend on, or lend to a high percentage
  • As previously mentioned, there may be a possibility for the site to be redeveloped to have two bespoke chalet bungalows subject to planning, or for a new replacement single main dwelling with a new replacement detached annex

Description

The property is a detached three-bedroom bungalow with an existing annex, located in a quiet rural area with potential for redevelopment into a luxury bespoke dwelling. The bungalow has four reception rooms, a kitchen/breakfast room, utility room, cloakroom, and a sitting room with a fireplace. The annex has a kitchen/dining room, shower room, and a large open plan bedroom and sitting room. The property offers excellent potential for a high-yielding Airbnb holiday rental unit or home office/relative accommodation. The redevelopment possibilities include building a single or two bespoke bungalows or chalet bungalows, subject to planning. The property has an approximate plot size of around a third of an acre and is understood to have an existing mortgage lender reluctance due to its part-timber construction.
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