Property Information
Address:
Former Lutheran Church, Luther Way, Coventry, CV5 7PB
, CV5 7PB
Price: Property no longer available.
Size: 10890 sq ft1011 sqm
Primary Category: Land
All Categories:
Land,
Property Ref/Movehut: MH627769
Property Ref/Agent: Former Lutheran Church, Luther Way, Coventry, CV5 7PB - 410
*Please use the agent ref when calling the agent directly.
Property description
Description
Residential development site with planning consent for the erection of 4 bungalows.
Location
The site is located in Lower Eastern Green, a residential suburb west of Coventry.
Luther Way with access from Eastern Green Road is a quiet, exclusively residential location.
Eastern Green Road links, via Broad Lane, to the A45 Dunchurch Highway and Tile Hill railway station is approximately half a mile to the south.
Services
Any interested party should make their own enquiries.
However, we understand that all mains services are available in the vicinity and would be available for connection.
Tenure
The development is to be sold freehold.
The proposed sale will include a right of way over the access road.
The ownership of the access road will be passed to a new management company and each owner of the existing and proposed new bungalows will own a share in this.
Each owner will also pay an equal contribution towards ongoing maintenance.
Conditions
As part of the sale the developer will be required to:
1) Undertake additional works to include construction of new footpaths and resurfacing of the access road, Luther Way, and provide an additional 7 car parking spaces for the vendor, as shown on the plan.
2) Set up management company to deal with repair and maintenance of the access road.
The vendor has already consulted the existing residents who have agreed to the formation of this company.
Planning
The consent, reference FUL/2018/3212, was granted on 16.1.19 and can be viewed on Coventry City Council planning portal or a copy including plans is available from the agents upon request.
Rent
Price
Offers in the region of £350,000.
VAT
TBC
Legal Costs
Each party to be responsible for their own legal costs incurred in this transaction.
Residential Development Site with Planning Consent
Planning Consent for 4 Bungalows
Site Measures Approximately 0.25 Acres
Located in Lower Eastern Green, Coventry
Good Residential Location
Offers in the Region of £350,000
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