2 bedroom house

Ascot, Berkshire, SL5 8RD

Guide Price

£400,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Feb 2021
  • Removed: Mar 2021
  • 0.3 acres
  • 2 beds

Residential Tags: N/A

Property Tags: Development Potential

Land Tags: Overage / Clawback, Paddock, Woodland

Summary Details

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  • First Marketed: Feb 2021
  • Removed: Mar 2021
  • Residential Tags: N/A
  • Property Tags: Development Potential
  • Land Tags: Overage / Clawback, Paddock, Woodland
  • WHITE GATES, , LONG HILL ROAD, , ASCOT, BRACKNELL FOREST, 3060000, 26/10/2021
The property currently comprises a two bedroom detached bungalow of c700 sq.ft GIA which has a detached barn to its north, and a detached studio/games room to its west (outbuildings totaling c600 sq.ft GIA), which are linked by a timber decked courtyard, together with garden land which is predominantly grassed, containing several mature trees.


The property slopes downwards from south to north and provides a total site area of approximately 0.12 hectares (0.30 acres). The property is bordered by a two storey detached dwelling known as Chavey Down Farm at its northern and western boundaries, Warfield Park at its southern boundary and Long Hill Road at its eastern boundary. Access to the property is achieved from Long Hill Road at its eastern boundary via wooden, electric gates. The property lies on the west side of Long Hill Road, immediately adjacent to its junction with Warfield Park in the sought-after, semi-rural hamlet of Chavey Down, Ascot, Berkshire. The immediate vicinity provides detached houses, woodland and paddock land. The towns of Ascot and Bracknell with their multiple facilities lie approximately 2 miles to the south east and 2 miles to the west respectively. Bracknell Railway Station lies approximately 2 miles to the west, whilst the A329(M), M3 and M4 Motorways lie within easy driving distance.



Existing 2 bedroom bungalow and outbuildings
Site area: 0.12 Hectares/0.3 Acre
Offers invited on a subject to planning and unconditional basis
Closing date for offers: 12 noon 18th March 2021

The property will be sold freehold with vacant possession given on completion.

The sale of the property will be subject to an Overage provision providing for Overage being payable by the purchaser to the property¿s former owner if planning permission is granted on the property for the construction of new houses, flats, mobile homes, caravans or commercial development within 40 years from 30th September 2010.

If an Overage payment is triggered, the amount of Overage payable would be equivalent to 45% of the difference in the Market Value of the property with the benefit of the planning permission and its Market Value without the planning permission, less the reasonable costs incurred by the owner in obtaining the planning permission.

All offers should be submitted net of any future Overage sum which may become payable.

Mains gas, electricity, drainage and water services are connected to the property. However, prospective purchasers are advised to make their own independent enquiries of the individual authorities to verify the capacity and availability of such services.


Planning:
The property has the following recent planning history:

Application No. Description Decision Date

15/00031/FUL
Erection of replacement gates.
Approved
06/03/15

13/00901/FUL
Erection of 1 no. four bedroom dwelling with detached double garage, and installation of access gates following demolition of existing dwelling and outbuildings.
Withdrawn
22/011/13

13/00171/FUL
Erection of 1 no. five bedroom dwelling with detached double garage, and installation of access gates following demolition of existing dwelling and outbuildings.
Withdrawn
26/04/13

01/01014/FUL
Formation of vehicular access on to Long Hill Road.
Approved
29/11/01

Due to the property¿s existing use, size and location and having regard to local planning policy, we believe it holds potential to achieve planning permission for a replacement dwelling.
Any planning queries should be directed to the Local Planning Authority: Bracknell Forest Council
Time Square
Market Street Bracknell Berkshire RG12 1JD

Telephone:
Web:
Fencing
The purchaser will be required to erect a 6ft high close boarded fence along the new east-west boundary of the property with Chavey Down Farm within 4 weeks of completion of the purchase, at the purchaser's cost.
Method of Sale:
The site is offered for sale by way of informal, non-binding tender with the vendor reserving the right not to accept the highest or any offer and also reserving the right to withdraw the site from sale or to vary the method of sale at any time without notice. In the event that a number of competitive offers are received, the vendor reserves the right to request `best and final¿ offers from selected parties.

Offers are sought for the freehold interest on a conditional on planning, or unconditional (subject to contract only) basis. All offers must be made in writing, for a fixed sum and submitted by the offer deadline.



Unconditional Offers

If an unconditional offer is accepted, exchange of contracts is to take place within four weeks of receipt of the draft sale contract with a 10% deposit payable.

Completion is to take place within four weeks of exchange of contracts with the full balance of the purchase price payable immediately upon completion of the sale.

Conditional Offers

All conditional offers must be made net of anticipated S106/CIL costs and other anticipated abnormal costs associated with the development of the site. Any anticipated abnormal costs should be clearly quantified in the offer letters.

If a conditional offer is accepted, a 10% deposit will be payable upon exchange of contracts with completion to take place within eight weeks of the grant of planning permission with the full balance of the purchase price payable immediately upon completion of the sale.

All conditional offers should include at least:
- Full details of the purchaser's proposed development scheme including the type, size and location of the proposed new dwelling.
- The purchaser's proposed timetable and strategy for achieving planning permission.

All offers should provide proof of funding.

Written offers for the property are invited by 12 Noon on Thursday 18th March 2021.
All offers should be marked "Mill Cottage, Chavey Down - Offer to Purchase" and addressed to:

Mr Chris Newman, Haslams Surveyors LLP,
County House, 17 Friar Street, Reading, Berkshire, RG1 1DB.


Viewing and all other Enquiries
All enquiries should be directed to the vendor¿s sole agent:

Telephone:

Block viewings of the property will be held at the following times:

10.00am on Wednesday 24th February 10.00am on Wednesday 3rd March 10.00am on Wednesday 10th March 10.00am on Wednesday 17th March

Access to the property during viewings will be available via the adjacent property to the north known as Chavey Down Farm.
All viewings will be carried out in a Covid-19 safe manner. All viewers must wear face masks and internal viewings will take place one person at a time. Please note that parties must not enter the property outside the viewing times without our prior authority and any inspection of the property is at the prospective purchaser's risk.

Marketed by: Haslams Estate Agents, Reading

Land Registry Data

  • WHITE GATES, , LONG HILL ROAD, , ASCOT, BRACKNELL FOREST, 3060000, 26/10/2021
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