Development Site in Hemel Hempstead with Approved Planning Permission for Sale

Development Site in Hemel Hempstead with Approved Planning Permission for Sale

Asking Price £1,200,000

Property Information

  • Reference number veco_1686517154
  • Property Type Land
  • Floor / Land Area 7187 Acre(s)

Key Feature

  • Land

Property description

Executive Summary

Venture Commercial are delighted to present a prime development opportunity on St Paul's Road, Hemel Hempstead. Full planning permission has been granted for the construction of nine residential flats (Reference: 4/02115/19/FUL). This approved development consists of five one-bedroom and four two-bedroom apartments. The current planning application offers a chance to create modern, well-located homes in a thriving part of Hemel Hempstead, making this a significant investment opportunity.

The site currently includes a commercial unit with ground floor street frontage and an apartment above. Additionally, two garages at the rear provide convenient parking options. A further planning application has been submitted (Reference: 20/02627/MFA) to potentially expand the development to 10 units, with an updated configuration of five one-bedroom and five two-bedroom flats. Both applications can be reviewed in detail on the Dacorum Borough Council planning portal.

Key Features and Benefits

Prime Location

  • Situated in Hemel Hempstead, a rapidly growing area with excellent transport links to London and surrounding regions.

  • Close to local amenities, schools, parks, and shopping facilities, making it an ideal location for both commuters and families.

Approved Planning Permission

  • Full planning permission granted for nine modern flats (five one-bedroom and four two-bedroom apartments).

  • Potential for further development with an additional application submitted to increase the project to 10 units (five one-bedroom and five two-bedroom apartments).

Modern Design and Infrastructure

  • Apartments designed to suit modern lifestyles, featuring energy-efficient solutions, spacious layouts, and contemporary finishes.

  • The site benefits from an existing commercial unit with street frontage and residential space above, providing future potential for mixed-use functionality.

Location

The development site is located within a well-connected area, just a short distance from Hemel Hempstead town centre. It benefits from excellent transport links, including nearby rail connections and access to the M1 motorway, making it ideal for commuters. Residents will enjoy close proximity to local amenities, including shops, schools, and parks, creating a vibrant community atmosphere. This strategic location significantly enhances the appeal of the development, making it a lucrative investment opportunity.

For further information or to arrange a viewing, please contact Venture Commercial.

Location

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