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This property was removed from Dealsourcr.

Potential 4-Bed HMO, Kettering, NN16 0DH £250,000

12 and 12a School Lane, Kettering NN16 0DH - 14 views - a year ago
  1. Deal Search
  2. Kettering
  3. NN16
  4. NN16 0DH
Sold STC
HMO
Refurb/BRRR
ROI: 1%
~155 m²

ValuationFair Value

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Links

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  • More Deals in NN16
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Property History

Listed for £250,000

October 7, 2024

Floor Plans

Description

  • Town centre development opportunity +
  • Planning consent to convert into x1 - 1 bedroom house and x1 - 2 bedroom house +
  • Potential for a House in Mulitple Occupation (HMO) or possibly flats +
  • Subject to any necessary consents - see description for more information +

Development/Investment Opportunity
A semi detached property in need of complete refurbishment which offers opportunity to create 2 separate dwellings or one large property that may be suited to a HMO or conversion to flats subject to any necessary consents.
Application Number: KET/2013/0054 approved the development of a pair of semi detached houses in the former side garden and these dwellings are now known as 12c and 12d School Lane and are not included in the sale with 12/12a. The driveway between the original house (12 and 12a) and the new builds (12b and 12c) will be transferred with numbers 12 and 12a while reserving rights for vehicular and pedestrian access to the rear of 12c and 12d for parking and turning etc. No. 11 School Lane also has a pedestrian right of way along the drive and across the immediate rear of 12/12a School Lane.
The property is held, for historic reasons, under 2 separate titles: NN71443 and NN218679 - copies available by email from the agents. These titles include 12b and 12c School Lane which were developed by a previous owner within the side garden of the original property. A revised title plan making clear what is included in the sale is available from the agents along with the original planning documents (please note that there are 2 small errors in the ground and first floor layouts that can be seen when compared to the agents floor plans). Our client believes that the completion of 12b and 12c School Lane as part of the consent KET/2013/0054 constitutes a 'meaningful start' in respect of the proposed conversion of 12 School Lane into two dwellings - a one bedroom house and a 2 bedroom house. Prospective buyers should satisfy themselves as to the planning status in terms of what they wish develop and any deviations proposed from the original application.

Agent Details

Lucas Estate Agents, Kettering

01536 903948

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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