Development Opportunity

Bulkington, Bedworth, Warwickshire, CV12 9PW

Guide Price

£500,000

SOLD

UNDER OFFER

Marketed by

Howkins & Harrison, Rugby
7-11 Albert Street,
Rugby,
Warwickshire,
CV21 2RX
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  • A site with permission for two barn conversions (3 bedroom and 2 bedroom), with land in a convenient location. Extending to 3.16 acres in all.
  • A site with permission for two barn conversions
  • Extending to 3.16 acres in all
  • Freehold with vacant possession

A site with permission for two barn conversions (3 bedroom and 2 bedroom), with land in a convenient location. Extending to 3.16 acres in all.

Situation
The property is situated in the corner of The Birches; a cul-de-sac off the B4112 on the northern outskirts of Bulkington. The property is bordered by residential development on two sides and agricultural land to the north and west.

The property lies approximately 4 miles south east of Nuneaton, 2 miles east of Bedworth and 8 miles north east of Coventry.

The village of Bulkington is served by a good range of facilities, including infant and junior schools. Secondary schools and colleges are available in the nearby towns of Nuneaton and Bedworth, where further amenities can be found. Both towns are accessible via public transport.

The situation of the property is shown in more detail on the location plan.

Description
The property extends to approximately 3.16 acres in total, comprising three paddocks, a stable block, hay barn and two agricultural buildings with planning consent for conversion to two detached residential dwellings.

Barn 1 has approval for conversion to a 1½ storey, 3 bedroom dwelling, with partial mezzanine floor extending to 2,465 sq.ft (229 sq.m). The proposed accommodation on the ground floor comprises an open plan kitchen and dining area, utility room, lounge with vaulted ceiling, dining area, WC, separate family bathroom, double bedroom and sitting room. The first floor level accommodation is for two ensuite double bedrooms, two storage rooms and a balcony area.

Barn 2 has permission for conversion to a 2 bedroom, single storey dwelling, comprising an open plan kitchen, living and dining area, bathroom, separate WC and 2 bedrooms, extending to 624 sq.ft (58 sq.m).

The approved plans include parking provision for 5 cars and allocated garden areas for each dwelling.

Planning
Prior approval for a change of use from two agricultural buildings to two dwelling houses (Use Class C3) and associated operational development, was obtained from Nuneaton and Bedworth Borough Council under the Town & Country Planning General Permitted Development (England) Order 2015 under reference 039552 dated 23rd May 2023.

Copies of the approval can be obtained from Nuneaton and Bedworth Borough Council’s Website or from the agent’s office. Purchasers should make themselves aware of the conditions and requirements of the consent.

Tenure & Possession
The whole of the property is offered freehold with vacant possession given upon completion.

Overage
An Overage Clause will be included in the sale contract which will reserve 30% of any increase in the value of the property due on each and any non-agricultural or equestrian development, that takes places on the land (A,B,C) for a period of 30 years from the date of sale. The Overage will be triggered either upon the implementation of planning consent or a disposal with the benefit of such consent.

The Overage will be documented in a separate overage deed which will be protected by way of a restriction on the titles for the property and any successors in title will be required to enter into the required from of deed of covenant. The restriction will require a certificate from the seller of the seller’s personal representatives which will be provided upon receipt of a completed deed of covenant and payment of any associated solicitor’s fees.

Plan, Area & Description
The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or agents in respect of any error, omissions or misdescriptions. The plan within these sales particulars is for identification purposes only.

Services
The property benefits from mains electricity and water connections. Drainage is to a private septic tank system.

None of these services have been tested and prospective purchasers should note that it is their specific responsibility to make their own enquiries to the appropriate authority as to the location, adequacy and availability of mains water, electricity and drainage services.

Method of Sale
The property is offered for sale as a whole by private treaty. The vendor reserves the right to offer the property for sale in any order other than that described in these particulars, to sub-divide, amalgamate or withdraw the property from the sale without prior notice and may consider the sale of individual plots.

Rights of Way
We are not aware of any rights of way, wayleaves or easements that affect or benefit the property in any way.

Local Authority & Utility Companies
Nuneaton and Bedworth Borough Council Tel. 02476 376 376

National Grid (Western Power Distribution)Tel. 0800 096 3080

Severn Trent Waterstwater.co.uk/building-and-developing/overview
ew-connections/

Viewing
Strictly by appointment with the agents – 01788 564680

Vendor’s Solicitor
Rob Goffman
EMW Law LLP
03450 742395
rob.goffman@emwllp.com

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