Planning for 14 Self Contained Flats ** 10 x 2 BEDROOMS ** 4 X 1 BEDROOMS ** PARKING ** CENTRAL LOCATION **
Land Rear Of 247-253 High Street And 1-5 , Batchelor Street, Chatham, ME4 4BJ
- 2
Guide Price: *
£875,000
Fees apply
Reservation fee:2.4% (min. £7,200)
All fees include VAT at 20%
Auction Type:
Conditional
Highest bid:
£875,000Bid history
1 bidA
06/01/2023 17:35:49 - £875,000
** FOR SALE BY MILESTONE PROPERTY AUCTIONS **
Planning for 14 Self Contained Flats ** 10 x 2 BEDROOMS ** 4 X 1 BEDROOMS ** PARKING ** CENTRAL LOCATION **
MC/22/0238 | Construction of a 5 storey block comprising of four 1-bedroom flats and ten 2-bedroom flats including part semi basement level comprising ancillary accommodation, external landscaping and cycle/refuse storage | Land Rear Of 247-253 High Street And 1-5 Batchelor Street Chatham Medway ME4 4BJ
Planning granted subject to section 106
The site has planning for a 5-storey building comprising of 14 self-contained flats (4 x one-bedroom and 10 x two-bedroom units) plus part semi-basement level comprising ancillary accommodation and external landscaping on an existing car park site.
The land delivers a car-free scheme of 14 high- quality residential units within Chatham Town Centre which is the focus of much future regeneration for the area, the ambitions of which are set out within the Town Centre Master Plan. The application site is identified in the Masterplan as a key site for opportunity and redevelopment for residential use forming part of a future public square on Solomons Road.
The residential floor space is set over 5 stories with the ground floor level being set above the potential future flood datum as the site is located within Flood Zone 3. The raised ground floor creates space below for a semi-basement level which comprises ancillary accommodation including refuse and cycle storage and additional plant space.
A requirement of the Chatham Town Centre Masterplan is for any new residential development along Solomons Road to have an active ground floor frontage. The communal entrance lobby and a shared community space is located at street level so as to provide the active frontage whilst maintaining the residential floor space above the flood datum.
A gated side access is proposed to the southeast elevation which will serve the bins / bike store and also give access to a rear outdoor space to the back of the site. The development will be finished in facing brickwork which it the predominant building material in the local area. The scheme has been designed with a flat roof which was advocated for by the Local Authority in their pre-application feedback. The front elevation has been angled so as to provide better aspect and daylighting for the proposed units and to reduce impact on the adjoining No.3 & 5 Batchelor Street. This also allows a part set back of the building from the street frontage creating an area of soft landscaping.
Location, Highway & Parking
The development site is in a highly sustainable location within Chatham Town Centre. Therefore, the proposal is to be a car-free scheme. This follows the approach of the previous planning consent on the site which provided 8no one-bedroom units with zero residential parking provision.
The Pre-application confirmed that the Local Authority and Highways did not object to a mix of one and two-bedroom units by way of a car free scheme on this site.
This is in accordance with Policy T13 of the Medway Local Plan 2003 and Medway Council’s Residential Parking Standards which allows for a reduction in car parking provision for developments with one and two-bedroom units within an urban area that has good links to sustainable transport and where day- to-day facilities are within easy walking distance.
Currently a car park in operation on rolling lease.
Section 106 = £76,000
Please note that there is a 2% + VAT auction fee payable on reservation.
Summary
- Auction end
- 3rd Feb at 15:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 3rd Feb at 15:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Head Office
07931250707
39-41 Seaside Eastbourne East Sussex BN22 7NB
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Milestone Sales & Lettings shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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All information relating to this property, including descriptions, pictures and other related information has been provided by Milestone Sales & Lettings. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
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