>
5 bedroom detached house for sale
Bridge Road, Cosgrove, Milton Keynes
£1,100,000
Bridge Road, Cosgrove, Milton Keynes
£1,100,000
Our Summary
- Full Planning Permission has been granted by West Northamptonshire Council, WNS/2022/1494/FUL, to demolish the existing property and replace it with five new builds, totalling approximately 7,404 square feet
- However, the site may lend itself to retaining the house and building alongside, subject to an amendment to the Planning Permission
- Whilst Planning Permission has been granted for demolition and replacement with five new houses, Colmwood House is a fantastic family home and could continue to be so, there could be merit in construction of a second/several properties adjacent (subject to Planning Permission)
- It is the vendors’ intention to insert a Development Uplift Clause: “In the event that Planning Permission is granted, for a total of more than 7
- 404 square feet of property on the site, then 30% of the uplift in value will be payable to the vendors, over the next 25 years
Description
This substantial detached family home, located on a large canal-side plot of approximately 1.34 acres, offers a unique opportunity to either demolish and rebuild five new homes or retain the existing property and build alongside. The property itself boasts a spacious layout, with a large entrance hall, triple aspect sitting room, dining room, study, kitchen/dining room, and four bedrooms, including an en-suite master bedroom. The property also features a double garage, a former tennis court, and a large, level lawned garden. The village of Cosgrove is situated just a minute's walk from the Grand Union Canal and has a primary school, shop, and pub/restaurant. The property is also close to several major roads, including the A508 and A5, and has easy access to Milton Keynes and London.