Windmill Road, Pepperstock, Luton, Hertfordshire, LU1 4LQ | Property for sale | Savills
Excess of £1,250,000

Windmill RoadPepperstock, Luton, Hertfordshire, LU1 4LQ


    Key features

    • 0.875 of an acre
    • Part-completed site
    • 6 houses: 2 bungalows, 4 houses
    • Rural area
    • Build Zone warranty provider

    Unique Development Opportunity: Part complete 6-House Development

    About this property

    • *Best and final offers to be submitted by midday on Friday 21st March*

      An incredible opportunity for developers and investors to complete this partially constructed development of six houses on a plot measuring circa 0.875 of an acre, ideally positioned in a rural area with countryside views.

      The development of six residential houses; designed and built in traditional load bearing brick work with pitched roofs and laid out in two perpendicular terraces of three units.

      Six Houses: The site comprises three bungalows and three houses set in two rows of terraces. Plots 1 & 2 are water-tight and are nearing practical completion with Plot 2 being the most advanced. Most rooms within these plots are at final fix. Plot 3 needs a front door; the kitchen is partially fitted.
      Plots 4, 5 & 6 require some windows and doors to the rear as well as front doors. Internally, these three plots are at similar stages with stud walls in place. The flooring, ceilings and staircases are not in place.

      Important Information:
      • Build-Zone warranty provider.
      • The title boundaries as demonstrated on the planning portals have since changed, please refer to the outline in this document (please note this has been drawn to the best of our abilities and is not Land Registry compliant)
      • Plots 1, 2 & 3 benefit from the use of paddock land to the rear (no animals)
      • All building regulation inspections are up-to-date
      • There are no remaining conditions to be discharged
      • The site is currently insured
      • External works and placemaking are yet to be completed
      • Services Required: The site requires the application process for the connection to utilities including water by way of a borehole (estimated cost circa £25,000), drainage with run off to adjacent pond and replacement driveway, gas, and electricity (approx. 300 meters away). There is no full drainage plan.
      • Interested parties are invited to complete their own due diligence to determine the costs to complete this development
      • No CIL or Section 106
      • Dacorum Borough Council ref 4/00221/18/FUL
      The site is accessed via Windmill Road through third party land where the necessary rights are in place.

      Plot 1: 3-bed End of terrace bungalow (1,055 sqft)
      Plot 2: 4-bed Mid terrace chalet style house (1,539 sqft)
      Plot 3: 3-bed End of terrace bungalow (1,055 sqft)
      Plot 4: 4-bed End of terrace chalet style house (1,615 sqft)
      Plot 5: 3-bed Mid terrace house (1,130 sqft)
      Plot 6: 3-bed End of terrace house (1,130 sqft)

    Local information

    • Mileages Approx: Markyate village 1.4 miles, Harpenden 4.7 miles with Mainline Station - St Pancras/Kings Cross from 23 minutes, M1 Junction 9 - 2.1 miles, London Luton International Airport 4.9 miles, St Albans 8.8 miles, Berkhamsted 10 miles with mainline station into London Euston from 33 minutes. All distances approximate.
    • Pepperstock is located in the depths of rural Hertfordshire countryside, and is popular with buyers who are attracted by the travel links with Junction 9 of the M1 within close proximity and services to London St Pancras from Luton station. The site is ideally situated on a gentle incline adjacent to paddock land and close to the popular village of Markyate.
    • For daily amenities, Markyate offers a small convenience store, bakers, a couple of restaurants and pubs. There is also a primary school for the under 11's and a highly regarded independent school on the outskirts at Beechwood Park for children from the ages of 3 to 13. Harpenden offers a greater range of amenities including an eclectic mix of both independent and high street shops and restaurants, two main food stores and an excellent range of schools for all age groups. The cathedral City of St Albans is under 9 miles away and has a very comprehensive range of facilities including large supermarkets, a great range of shopping and leisure opportunities and the vast open space of Verulam Park with its Roman remains and Hypocaust.
    • Tenure: Freehold
    • Local Authority: Dacorum
    • Council Tax Bands = TBC
    • Predicted SAP = TBC