Fantastic ** DEVELOPMENT OPPORTUNITY ** in Bearwood, Bournemouth. This large detached house and the adjoining garage are being sold as one POTENTIAL BUILDING PLOT of approx. 0.5 acre. Offering a variety of development opportunites for multiple properties (stpp). Vendors suited. House EPC D.
\rWe are delighted to offer this exciting DEVELOPMENT OPPORTUNITY in Bearwood, Bournemouth.
142 Magna Road (title no. DT27245) is a four bed detached house and next door is Knighton Garage, 140 Magna Road (title no. DT166025), which no longer trades. The seller informs us the petrol fuel tanks were made safe, as per decommissioning regulations, over twenty years ago.
Owned by the same family for many decades, they now wish to sell both as a potential building plot for multiple properties. They do not wish to sell either property individually.
Combined they create a plot of approx. half an acre and currently there is no planning permission for any development.
Bearwood and the surrounding areas are undergoing extensive housing development with housing estates being erected within close proximity of 140/142.
There are restrictive covenants on both the house and the garage.
The wording for the garage is 'not more than one detached or a pair of semi-detached houses with appropriate outbuildings shall be erected'.
The wording for the house is 'not more than 25 detached houses or pairs of semi-detached house with appropriate outbuildings shall be erected on said land'.
A planning application was made in 2023 to erect a retail unit and flats (by a developer). We understand this application was rejected, but were not involved with this matter.
No further planning applications have been made.
Please note the (red) outlines on the photographs is for guidance only.