‘Steading’ your way, an exciting development conversion opportunity in Elvaston!

On behalf of our retained client, BB&J Commercial are due to commence with the marketing of The Steadings, Main Road, Elvaston on a freehold basis.

The property is currently configured in a horse-shoe shaped courtyard and comprises a range of one and two storey buildings each interconnected.  At present it is utilised as a single dwelling providing four double bedrooms, three reception rooms, a farmhouse kitchen together with a small leisure complex and swimming pool.

Under indicative proposals, a development scheme has been prepared to sub-divide the existing building into five self-contained dwellings comprising a mixture of 2, 3 and 4 bedroom units.  The scheme is subject to planning consent with an application due to be submitted by our client in the forthcoming weeks.

Chris Keogh, Senior Surveyor at BB&J commented ‘It is extremely rare that a property in this location and having such great development potential is offered to the market on a freehold basis.  Whilst the indicative scheme is clearly subject to planning permission one would hope that the nature of the buildings original construction makes sub-division relatively easy to achieve.  Ultimately, once sub-divided we would expect that interest in this address will be highly sought after with a limited number of 2, 3 or 4 bed properties available in either Elvaston or the adjacent settlement of  Ambaston.  Furthermore the property may also have the potential for some form of commercial use such as an office led or mixed leisure/office scheme.  Again this will clearly require planning consent but further adds to the property’s market appeal’.

To register your interest in this property or receive further details please do not hesitate to contact the agent, Chris Keogh 01332 292825 c.keogh@bbandj.co.uk