London Road, Sevenoaks, TN13

AN EXCITING DEVELOPMENT OPPORTUNITY TO CONVERT/REFURBISH TWO APARTMENTS ON THE FIRST AND SECOND FLOORS OF THIS IMPRESSIVE GRADE II LISTED PROPERTY IN SEVENOAKS TOWN CENTRE. PLANNING HAS ALSO BEEN SUBMITTED FOR A THIRD APARTMENT

AN EXCITING DEVELOPMENT OPPORTUNITY TO CONVERT/REFURBISH TWO APARTMENTS ON THE FIRST AND SECOND FLOORS OF THIS IMPRESSIVE GRADE II LISTED PROPERTY IN SEVENOAKS TOWN CENTRE. PLANNING HAS ALSO BEEN SUBMITTED FOR A THIRD APARTMENTPRICE: Offers Over ?350,000 Leasehold with share of Freehold (new leases to be established)

LOCATION

Sevenoaks is an affluent commuter town located approximately 24 miles south-east of Central London. The town benefits from its proximity to the M25 and M26 motorways, the A21 dual carriageway and regular rail services to London.The property is well located on the east side of the London Road, which is one of the two main thoroughfares in the town the other being the High Street. Occupiers close by include The Restoration public house, C?te, Toni and Guy, Boots, Knight Frank estate agents, Strutt & Parker estate agents, Starbucks, Halifax Bank and many others. Blighs Meadow Car Park and The Stag Theatre/Cinema are also nearby. The properties are also located within close proximity of the world famous Knole Park.

DESCRIPTION

The building is Grade II Listed (First Listed in 1972). From the List Description we note that the front elevation is in part Victorian but there is evidence of the building being much earlier through the framed method of construction. The building features clay tile hanging to the front and side elevations a ridge mansard tiled roof which is half hipped with central rendered stack. To the front and rear elevation there are flat-roofed leaded dormers.The opportunity comprises the top two floors of the building with planning for two 2 bedroom flats and planning submitted for a third. Each of the current flats has 2 bedrooms, kitchen, bathroom and living room. They require complete refurbishment.

MEASURED AREAS

The accommodation has been measured in accordance with RICS Valuation Standards and comprises a total area of approximately:Flat a - 726.5 square feet (67.5 square metres) net internal area. Flat b - 567.06 square feet (52.6 square metres) net internal area.

PLANNING CONSENT

Planning consent has been secured to convert the upper floor back to residential use. The planning application reference was 21/03586/FUL and it received consent on 12th January 2022. For further discussion on this please contact our integrated planning specialists, Howard Sharp and Partners, telephone 0207 222 4402 or 01732 456888.

SALE METHOD AND PRICING

It is proposed that the flats 42a and 42b will be sold on a shared freehold on a long leasehold basis. Offers in excess of ?350,000 are sought for the existing flats and the potential third.

RATING

Presently rated for commercial. It is envisaged that the flat will be Band B as with 42B on the first floor.

LEGAL COSTS

Each party to bear their own legal costs.

EPC

Due to the Listed status of the building an EPC is not required.