This spacious 3/4 bedroom Unity bungalow presents a unique investment opportunity, particularly appealing to cash buyers. Nestled on a generous corner plot at the end of a secluded cul-de-sac, it boasts stunning views over the Vale and is offered chain-free. There is submitted planning permission for the demolition of the existing structure and construction of three new 3-bedroom houses, complete with a study on the upper level and two dedicated parking spaces. The extensive wrap-around garden enhances the property's allure, alongside ample driveway space accommodating up to five vehicles. The versatile living area spans over 1,000 sq.ft., highlighted by a triple-aspect rear lounge that overlooks the garden.
Conveniently situated just 0.6 miles from Chesham town centre, residents are within walking distance to an array of independent shops, restaurants, and access to the Metropolitan Line for direct travel into London. Furthermore, this property falls within the catchment areas of some of England's top-performing schools.
The vendor has proactively engaged with local authorities and received encouragement regarding the redevelopment plans aimed at utilizing brownfield land effectively. Necessary environmental evaluations have been completed and submitted as part of the planning process. Although there’s currently a moratorium on new constructions in Chesham & Amersham due to environmental considerations, it is anticipated that these restrictions will be lifted soon following recent planning approvals by Buckinghamshire Council.
With projected values for each proposed unit ranging between £525,000 and £550,000—totaling an estimated Gross Development Value between £1.57 million and £1.65 million—this site provides considerable development potential. This property not only offers immediate rental income opportunities but is also positioned for significant future capital appreciation.
