This property presents a unique renovation and investment opportunity, featuring Full Planning Permission granted for the transformation of a former residential care home into five distinct dwellings. The site encompasses approximately 0.42 acres and includes both single and two-story structures, as well as the original post office building. With a total potential floor area of around 750 sqm (8,072 sqft), this development could cater to various living arrangements, appealing to a broad market.
Positioned along Main Street in Greetham, the property enjoys a prime location with convenient vehicular access leading to dedicated parking at the rear. The village atmosphere is enhanced by local amenities, including two pubs and proximity to Greetham Valley Golf Club, while also benefiting from easy transport links. It is situated just 10 miles north of Stamford and 6.5 miles northeast of Oakham, providing straightforward access to the A1 for both northbound and southbound travel.
The approved planning outlines the restoration of the original structures while removing modern extensions that were previously used for care home purposes. The proposed layout offers five individual dwellings with carefully designed outdoor spaces and allocated parking. Each unit varies in size: from a spacious four-bedroom family home to more compact two-bedroom options, catering to different lifestyles and investment strategies.
Comprehensive documentation regarding planning conditions, utility connections, and additional surveys are available through an information pack provided by Richardson. Interested parties should review these materials thoroughly as they detail essential aspects such as tree surveys and flood risk assessments pertinent to the site’s development.
All mains services are reported to be accessible, subject to necessary connection inquiries by prospective investors. This property not only stands out due to its potential for conversion but also benefits from its attractive village setting with community amenities nearby.
With no Community Infrastructure Levy (CIL) payment required for this project, it presents an advantageous financial proposition for developers looking to make their mark in Greetham's evolving landscape. Viewing is available by appointment through Richardson or Joint Agents Pepperdine & Freckingham.
