Lot 7 - Land and workshop adj, 1 Rustat Road, Cambridge, Cambridgeshire, CB1 3QR
- Unconditional Online Auction Sale
- Guide Price* : £160,000+
- Bedrooms: 1
- Bathrooms: 1
- Reception Rooms: 1
Description
• Workshop/garage with planning permission for conversion to a house
• Desirable city centre location
• Ideal development opportunity
• Freehold with vacant possession
An opportunity to acquire a garage / workshop in a popular residential street on the south side of Cambridge city centre. The property benefits from planning permission to convert into a single 2 storey house with parking and courtyard garden.
The existing building features a single brick garage to the front under a pitched tiled roof with double doors to the parking space/driveway, whilst the rear part of the building is a more modern workshop of brick and block walls beneath a pitched tiled roof with Velux windows at ridge level and large glazed windows to rear. The building has previously been used for storage and a wood turning workshop.
The building benefits from mains water connection, along with light and power, while the workshop has underfloor heating. The existing building footprint measures 36m² (390ft²).
Outside: To the front of the existing building is a single parking space/driveway, whilst to the rear is a small courtyard-style garden.
Tenure
Freehold with vacant possession
Viewing
Cheffins Property Auction Dept 01223 213777
Planning
Planning permission was granted on the 24th June 2022 for the demolition of the existing garage along with part single and part 2 storey extensions to create a 1 bed dwelling. The approved plans provide the following accommodation:
Ground Floor: Entrance Hall with stair to first floor; Study/Occasional Bedroom; Bathroom; Bedroom.
First Floor: Large open plan Kitchen and Living Area.
The approved scheme also retains the parking space to the front of the property and courtyard garden to the rear.
Full details of the approved scheme can be found under planning ref: 22/01610/FUL.
Note should also be made that an alternative permission was granted on the 2nd September 2022 for the demolition of the existing front garage and conversion and extension of the rear workshop to a single storey 1 bed dwelling with parking. This alternate scheme provides a generous open plan kitchen / dining/ living room, family bathroom and bedroom to the rear, all arranged over the ground floor.
The 2 approvals give buyers flexibility as to which scheme they take forward, therefore offering a flexible and attractive proposition for investors/developer buyers.
Location
The property is ideally located at the southern end of Rustat Road, close to its junction with Cherry Hinton Road, one of the main arterial routes in to Cambridge city centre. The property is exceptionally well placed for access to the wide range of local shops, facilities and services that exist in this area of the city, including the Cambridge Leisure facilities, whilst the property is less than 10 minutes walk from Cambridge central railway station.
Auctioneer's Note
The successful bidder will pay a buyer’s contract fee on exchange of contracts of:
£900 including VAT for purchases upto and including £100,000.
£1,500 including VAT for purchases of £101,000 to £300,000.
£2,100 including VAT for purchases of £301,000 and above.
This fee is only payable by the successful bidder.
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Pippa Carr of Thomson Webb & Corfield, 16 Union Road, Cambridge CB2 1HE
Vendors Solicitor
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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