***RARE OPPORTUNITY*** POTENTIAL DEVELOPMENT PROJECT - NO ONWARD CHAIN.
Summary The Rookery is a fine, double-fronted period residence, which is ideally located in Chapel Allerton, and which is offered for sale as a redevelopment opportunity, subject to planning. It has clear potential to convert into at least 7 flats.
With frontage to Woodland Lane at its junction with King George Avenue, the highly-regarded amenities of this most popular and fashionable location, bars, restaurants, cafes, shops and reputable local schools are within a 5-minute walk. Capital and rental values are high, making this a well-placed opportunity to either sell on or let and retain the anticipated flats.
The building is stone-built and slate-roofed with a solid, double-fronted appearance and a generous footprint which could accommodate 2 flats on each of 2 floors in the original house. A modern rear annexe could provide 2 more and the characteristic adjacent coach house makes up 7 in total, although there is additional potential in the generous side garden which, with extensive frontage to Town Street Mews, may give an additional new-build site for a detached house or perhaps a pair of semis.
Currently (30th January) our clients’ planning enquiries are pending and the foregoing development assumptions are all to be confirmed, although the initial prognosis, at least for the 7 converted units, is healthy and positive. Nevertheless it is NOT our intention to negotiate any offers on a subject to planning basis.
Accommodation The property is currently used as a residential home and comprises two reception rooms, two offices, two kitchens, a utility room, two store rooms, thirteen bedrooms, four bathrooms, a cloakroom to the main house. In addition there is a detached annexe/Coach House. The total floor area exceeds 5,500 sq ft. Externally, the property sits within attractive, well maintained gardens and there is parking to the front/side of the main house.
Services All mains services are currently connected but we have not enquired as to service capacities and purchasers must make their own enquiries.
Planning Currently classified as C2.
Our clients have commissioned a Planning Prognosis Report and are awaiting a Pre-Application meeting with the Planning Office. The report concludes that the proposed conversion complies with policy and therefore should not attract any planning-based objections. A copy is available on request, as will the outcome of the Pre-Application meeting.
Method of Sale We invite offers in excess of £795,000 (subject to contract) on a Private Treaty basis. Offers which are subject to planning permission will not be entertained as our clients are unwilling to contemplate the potential for delays and uncertainty.
Detailed architects’ layout and proposal plans are available upon request.
Viewings This is a sensitive building and viewing will only be conducted via us and under our direction. Do NOT approach the building or our clients under any circumstances. Doing so will probably disqualify transgressors from being purchasers. Intending purchasers should fully consider plans and offers before arranging any viewings. As the building clearly requires re-development, appraisal of the site can be done on a desktop basis with inspection being secondary. Please consult Residential Agency Director Nicola Thompson for more information or to arrange a viewing.
As above, we will NOT be considering any offers on a subject to planning basis so if this is your intention, please do not arrange a viewing.
Energy Performance Certificate A commercial EPC is available upon request.