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Land for sale
West Street, Olney , Olney, MK46
£2,000,000
West Street, Olney , Olney, MK46
£2,000,000
Our Summary
- Located in a highly sought after residential area, this site has detailed planning permission for the construction of eleven, 3 and 4 bedroom dwellings, following demolition of an existing Care Home and adjacent building
- Detailed planning permission for the demolition of an existing care home and Marian House (comprising four residential flats) and ancillary structures, followed by the erection of eleven, three and four bedroom dwellings with associated parking, together with the formation of access from West Street and associated works
- The site may have potential for alternative development proposals, incorporating the retention of existing buildings, subject to securing an appropriate planning permission
- Full Planning permission was consented by Milton Keynes Council on 5th December 2024, under ref 23/02713/FUL following completion of a s106 agreement
Description
This property is a development site in Olney, Buckinghamshire, with detailed planning permission for the construction of 11 three and four-bedroom dwellings after demolishing an existing care home and adjacent building. The site is 0.49ha/1.21 acres in size and is located in a highly sought-after residential area, within walking distance of the town's shops and amenities. The development will be sold freehold, with all units being private sale and no affordable housing requirement. The site may have potential for alternative development proposals, subject to securing an appropriate planning permission. The vendor will not be charging VAT on the sale price, and the site is being sold by informal tender, with unconditional offers invited by January 29th, 2025.