Features

  • Planning for 76 residential apartments
  • Prime freehold opportunity
  • Site area of 1.09 acres
  • Existing large Victorian villa on site
  • Near to Sefton Park and Lark Lane.

Overview

  • Prime residential development opportunity in Aigburth with planning consent for up to 76 residential apartments
  • Site area extending to 0.44 Hectares (1.09 Acres)
  • Prime freehold opportunity
  • Existing site comprises a large Victorian former residential dwelling (34 Alexandra Drive) and connected adjoining land (23 Aigburth Road).
  • Planning consent for a new build part 5  storey  building comprising 56 apartments and  conversion  of  34  Alexandra  Drive  into  20 apartments
  • Planning application numbers 16F/3025 and 17F/3289
  • Close to Lark Lane and Sefton Park

Location

The property fronts Alexandra Drive and Aigburth Road. Aigburth Road is a main arterial route from South Liverpool into the City Centre.

Aigburth is a sought after location, offering a friendly community feel with excellent transport links, schools and local amenities.

It is desirable place to live with a high residential values.

10 minutes (3 miles ) by car from Liverpool City Centre

12 minutes (2.5 miles) by car to Liverpool Lime Street Station

5 minutes walk to St Michael’s Railway Station

20 minutes (6 miles) by car to Liverpool John Lennon Airport

The property is located within a predominantly residential area providing a mix of large former merchant houses and apartment conversions.

It is perfectly located close to Lark Lane which provides an array of independent shops, restaurants and bars and Sefton Park, one of the most beautiful public parks in Liverpool and home to the fully refurbished Palm House.

Description & Specification

The property comprises two combined properties within a single site known as 23 Aigburth Road & 34 Alexandra Drive.  The site benefits from planning permission for 76 apartments.

23 Aigburth Road

Comprising the south west  section through to Aigburth Road.  It consists of cleared land benefitting from planning permission for a new build residential scheme comprising 56 apartments.

34 Alexandra Drive

34 Alexandra Drive comprises a Victorian Villa which was constructed in 1878. The Villa has four floors and an attic.

Permission is granted for conversion of the building into 20 apartments.

Proposed Development

The site is subject to two recent planning applications:

* Scheme 1 (16F/3025) – 2/3bed units for 57 apartments for unrestricted C3 use. (Granted 22 May 2017)
* Scheme 2 (17F/3289) – 1/2bed units for 76 apartments with over 55 years old age restriction.

A resolution to grant planning consent for Scheme 2 has been passed (subject to completion of a Section 106 agreement). The proposal is restricted to occupiers being aged 55 years and over. Any development will need to adhere to this restriction having regard to the car parking provision on site.

Any successful buyer, intending to develop Scheme 2 (17F/3289) will have to complete the Section 106 agreement to obtain planning consent. The S106 includes a commuted sum payment of approximately £79,300.

accommodation

Existing Accommodation

Sq.m Sq. ft.
34 Alexandra Drive
Lower Ground 391.1 (4,210)
Ground 409.4 (4,407)
First Floor 322.4 (3,470)
Second Floor 322.4 (3,470)
Attic Not measured Not measured
Total 1,445.3 (15,557)

Proposed Accommodation

Floor Areas Sq.m Sq.ft
Ground Floor 124 1,335
First Floor 703 7,567
Second Floor 705 7,589
Third Floor 705 7,589
Fourth Floor 471 5,070
Total 2,847 29,149
No. of Bedrooms No. of Apartments
Ground Floor 1 Bed. Apartment 3
First Floor 1 Bed. Apartment 10
2 Bed. Apartment 4
Second Floor 1 Bed. Apartment 10
2 Bed. Apartment 4
Third Floor 1 Bed. Apartment 10
2 Bed. Apartment 4
Fourth Floor 1 Bed. Apartment 9
2 Bed. Apartment 2
Total 56

price

Offers in the region of £2,500,000

Rateable Value

All costs quoted are for indicative purposes only and all all interested parties should rely on their own enquiries with the local authority.

VAT

All prices, outgoings and rentals quoted are exclusive of VAT, but may be liable at prevailing rate. Further information on request.

Legal Costs

Unless otherwise stated all parties to bear their own legal costs.

EPC

Energy performance certificate is available on request.