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£1,100,000

Mil Lane Houghton Conquest Bedford, Bedford, Bedfordshire, MK45

  • 0 beds
Land

£1,100,000

  • 0 beds
Land
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Estimate monthly mortgage payment:

£5,022 per month

Minimum deposit amount:

£55,000
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Development site extending to c 0.733 acres / 0.296 ha with detailed planning permission to erect 9 detached houses.

- Sought after village location.

- Pre-commencement planning conditions approved.

LOCATION:

The desirable village of Houghton Conquest is located five miles south of Bedford town centre and adjacent to the A6 trunk road linking Bedford and Luton.

It is also conveniently situated for access to the A421 dual carriageway linking the A1 and M1 motorways. Bedford main line railway station has fast, frequent trains to London St Pancras International. Local amenities include a village shop, post office, Lower School, a village hall, and two pubs.

PLANNING / SECTION 106 AGREEMENT:

- Planning application reference CB/21/04160/FULL for the erection of

9 no. residential dwellings and all ancillary works was approved by Central Beds Council, detailed in decision notice dated 26th September 2022.

- Under the S.106 agreement, the sum of £71,197.31 will be payable by the purchaser, a copy of the agreement can be provided on request.

TECHNICAL PACKAGE:

A technical and Building Regulation drawing package will be included comprising Architectural, Structural, Civils and s278 drawings along with ground investigation reports.

DRAINAGE/SERVICES:

Approval has been granted to connect the foul drainage to the public sewer under Mill Lane.

Surface water is to drain via soakaways connected to a borehole. We understand that mains water, electricity & telephone services are available in Mill Lane but prospective purchasers must satisfy themselves in respect of location, capacity and cost of connections. Heating of the new houses will utilise Air Source Heat Pumps.

DEMOLITION/SITE CLEARANCE WORKS:

The site is overgrown and will need to be cleared of trees and vegetation. There are some very dilapidated, small structures that will need to be demolished. The site owners have a quote from a contractor for site clearance.

HIGHWAY IMPROVEMENT WORKS:

A s278 application for highway improvement works has been submitted to the local authority. Details can be provided on request.

TERMS:

GUIDE PRICE: Unconditional offers in the region of £1,100,000 are invited. Offers are to be received by 20th January 2023.

CONDITIONS OF SALE:

(1) The purchasers are to exchange contracts within 6 weeks from when their solicitors receive draft contract documentation, a 10% deposit is to be paid.

(2) Legal completion is to take place within 20 working days from exchange of contracts.

(3) Compass New Homes are to be retained as sole selling agents for the resultant units at fees of 1.5% + VAT.

VIEWINGS:

Strictly by prior arrangement with Compass Land & Development.

Compass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land December 2022. These details are presented subject to Contract and without prejudice.



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Stamp Duty tax
These figures are estimates and are provided for guidance only
£51,250
Mortgage and legal costs:
£999
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Property details

£1,100,000

property for sale

Mil Lane Houghton Conquest Bedford, Bedford, Bedfordshire, MK45

Development site extending to c 0.733 acres / 0.296 ha with detailed planning permission to erect 9 detached houses.

- Sought after village location.

- Pre-commencement planning conditions approved.

LOCATION:

The desirable village of Houghton Conquest is located five miles south of Bedford town centre and adjacent to the A6 trunk road linking Bedford and Luton.

It is also conveniently situated for access to the A421 dual carriageway linking the A1 and M1 motorways. Bedford main line railway station has fast, frequent trains to London St Pancras International. Local amenities include a village shop, post office, Lower School, a village hall, and two pubs.

PLANNING / SECTION 106 AGREEMENT:

- Planning application reference CB/21/04160/FULL for the erection of

9 no. residential dwellings and all ancillary works was approved by Central Beds Council, detailed in decision notice dated 26th September 2022.

- Under the S.106 agreement, the sum of £71,197.31 will be payable by the purchaser, a copy of the agreement can be provided on request.

TECHNICAL PACKAGE:

A technical and Building Regulation drawing package will be included comprising Architectural, Structural, Civils and s278 drawings along with ground investigation reports.

DRAINAGE/SERVICES:

Approval has been granted to connect the foul drainage to the public sewer under Mill Lane.

Surface water is to drain via soakaways connected to a borehole. We understand that mains water, electricity & telephone services are available in Mill Lane but prospective purchasers must satisfy themselves in respect of location, capacity and cost of connections. Heating of the new houses will utilise Air Source Heat Pumps.

DEMOLITION/SITE CLEARANCE WORKS:

The site is overgrown and will need to be cleared of trees and vegetation. There are some very dilapidated, small structures that will need to be demolished. The site owners have a quote from a contractor for site clearance.

HIGHWAY IMPROVEMENT WORKS:

A s278 application for highway improvement works has been submitted to the local authority. Details can be provided on request.

TERMS:

GUIDE PRICE: Unconditional offers in the region of £1,100,000 are invited. Offers are to be received by 20th January 2023.

CONDITIONS OF SALE:

(1) The purchasers are to exchange contracts within 6 weeks from when their solicitors receive draft contract documentation, a 10% deposit is to be paid.

(2) Legal completion is to take place within 20 working days from exchange of contracts.

(3) Compass New Homes are to be retained as sole selling agents for the resultant units at fees of 1.5% + VAT.

VIEWINGS:

Strictly by prior arrangement with Compass Land & Development.

Compass Land & Development for themselves, and for the vendors of the land, whose agents they are, give notice that; (A) These particulars are produced in good faith, but are set out as a general guide only and do not constitute any part of a contract; (B) No person in the employment of Compass Land and Development has any authority to make or give any representation or warranty what so ever to the land December 2022. These details are presented subject to Contract and without prejudice.