2 Bed House For Sale Grove Road, Rochester, ME2

£1,250,000

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Last Updated: 5th April 2024

Description

SUMMARY
An opportunity to purchase a fully consented residential development comprising 8 houses (3 x 4 bed, 3 x 3 bed and 2 x 2 bed) with a Net Sellable Area of 9,655 sqft on a 0.6 acre brownfield site previously used as a pallet warehouse and no longer trading. Planning ref MC/22/2915. The scheme is in Upper Halling, a village in the north Downs Area of Outstanding Natural Beauty. Each home benefits from having two parking spaces as well as a manor style car port for guest parking.

LOCATION & TRANSPORT:
Upper Halling is approximately 1 mile walk to the
Halling train station which is two links into Strood
with its High Speed line into London, Halling
village features a wealth of amenities including the Homeward Bound a traditional village pub with open fire, Post Office, Primary school, doctors surgery and community centre. The M2 and M20 are both easily accessible from Halling making a brilliant position for commuting.

- No s106 or CIL.
- A Stage 2 intrusive geo-environmental survey
has been carried out and reveals no ground
contamination / instability issues.
- A Stage 2 bat survey has been carried out. No
nesting bats on site.
- The site has good access for construction vehicles, facilitating construction phase.
- Once the development is completed, main access to the site will be from Bradley Road to the East (not north).
- Scheme GDV is £4.15m representing £430psf.
Agent Details
John D Wood & Co. New Homes
15 Belgrave Square London SW1X 8PS

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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