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TO BE AUCTIONED -1 & 2 New Bungalows, Peters Green, Luton

TO BE AUCTIONED
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Property Description

Due to the level of interest, the property will be sold by online auction. Interested buyers will need to register in advance and complete an ID verification before being able to place a bid. Buyers should allow sufficient time to complete this process before the time period expires. Full details can be found on Weldon Beesly’s online auction page https://weldonbeesly.com/online-auctions/.

AUCTION DATE: MONDAY 28 OCTOBER 2024 AT 12PM

If you have any questions or require further details, please do not hesitate to get in touch with our office.

Prime development opportunity in Peters Green to demolish two derelict bungalows and build three 3-bedroom homes on this 0.44-acre site, with planning permission already in place.

The two existing and unoccupied prefabricated bungalows, each have a sizeable driveway accommodating two vehicles and large private gardens. The site lies to the west of Lawrence End Road on the northern edge of Peters Green with open parkland on the northern boundary.

The Properties are conveniently located 3.4 miles southeast of Luton and 4.4 miles north of Harpenden, providing easy access to the M1 motorway. Rail connections are available from Luton Airport Parkway Station just 4.4 miles west of the site, offering direct services to central London, including St Pancras, London Blackfriars and London Bridge, all within an hour’s journey. Harpenden also provides a selection of shops, restaurants and bars as well as a mainline station.

Guide Price: £550,000

Method of Sale
The freehold of the property is offered for sale by private treaty as a whole.

Planning
The Property lies within the North Hertfordshire Green Belt but is not designated as a conservation area. Planning permission has been granted under reference 23/01275/FP for the demolition of the existing bungalows and the construction of three new dwellings: one pair of semi-detached and one detached – each with private parking and enclosed rear gardens.

The decision notice from North Herts District Council along with the various plans and drawings are available in the Weldon Beesly Property Portal.

Overage
In the event planning permission is granted for any more than three separate dwellings, overage provisions will apply. Further details are available in the Weldon Beesly Property Portal.

Services
Mains water, drainage and electricity are available to the Property. The Purchaser(s) will be deemed to have full knowledge and satisfied themselves as to the provisions of any such services.

Tenure and possession
The Property forms part of Land Registry Title number HD611388 and is offered to the market with the benefit of vacant possession. The title information is available in the Weldon Beesly Property Portal.

Exchange of contracts and completion
Contracts to be exchanged within 28 working days of the issue of a draft contract by the Vendor’s solicitor. A 10% deposit will be payable on exchange of contracts with completion on a date to be agreed.

Anti-Money Laundering
To comply with the Money Laundering Regulations 2017, once an offer is accepted the Purchaser(s) will be required to provide any information requested in order to undertake the relevant due diligence. This is a legal requirement.

Easements, Covenants and Rights of Way
The property is sold subject to all existing wayleaves, easements, public or private rights of way, covenants and restrictions, whether stated in these particulars or not.

The Purchaser(s) will be deemed to have full knowledge and satisfied themselves as to the provisions of any such matters affecting the Property.

Boundaries
The Vendors and the Vendors’ agent will do their best to specify the ownership of boundary hedges, fences and ditches but will not be bound to determine these. The Purchasers will have to satisfy themselves as to the ownership of any boundaries.

The purchaser will be required to install and thereafter maintain a post and three rail wooden fence between the points marked A and B on the site plan.

Viewing
Strictly by appointment with the sole selling agent Weldon Beesly (Ref Sophie Hutton or Hugo Richardson).

Health and Safety
We would ask that you be as vigilant as possible when making any inspection, for your own personal safety and that of others.

Local Authority
North Hertfordshire District Council.

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Area/County:
Postcode: LU2 9QJ
Country: United Kingdom
Property Id: 24322

Hugo Richardson

Phone:01279 798866
Email:[email protected]

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