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    Key features

    • Three bedroom detached bungalow
    • Private gardens
    • Off road parking
    • Planning approved for conversion / extension to four beds over two storeys
    • 1950 sq ft increase in GIA
    • Vacant

    Description

    Dating back to 1888, being formally a bullpen and stable, 23 Islet Park Drive requires refurbishment and extension (planning consent granted). The Courtyard was originally part of ‘Home Farm’ on the Islet Park estate, being the stables and bull pen for the farm. The property is tucked way down a long driveway leading to the courtyard area with parking and a detached garage to the rear is a narrow garden opening onto a larger patio area with a feature stone balustrade with stone steps and wrought iron decorative railings. To the front of the property is a large pond (not within the boundaries of the property).

    Planning permission has been granted for extension and conversion to create a four bedroom two storey dwelling over approximately 3308 sq ft, increasing the gross intrnal area by approximately 1950 sq ft providing an exceptionally private residence in a sought after and desirable area.

    Vacant.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Current

    Ground Floor - Entrance Hallway, Two Reception Rooms, WC, Kitchen. Three Bedrooms, Shower Room/WC.


    Proposed

    Ground Floor - Entrance Hallway, Reception Room, Snug, Study, Shower Room/WC, Open Plan Living Room/Dining/Kitchen, Utility Room.

    First Floor - Four Bedrooms, En Suite Shower Room, En Suite Bathroom/WC, Bathroom/WC.

    Planning

    Planning permission (Ref 22/03014) approved by Royal Borough of Windsor and Maidenhead Council on 13/01/2023 for "Single storey front extension, new roof, raising of the eaves and ridge, 4no. front dormers and alterations to fenestration following demolition of existing garage."

    Notes

    The owner of the property is also keen to explore a share sale of the owning SPV limited company, in place of an asset sale, which would be to the benefit of both parties as stamp duty would be at 0.5%. Completion for a share sale would also be in the timescale dictated in the legal pack. Interested parties are to rely on their investigations in this regard.


    Savills understand the property has remained unoccupied for in excess of 2 years, therefore, qualifying for reduced rate VAT for

    the extension & refurbishment works at 5%. Please refer to the legal pack for more information.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Islet Park Drive part of the exclusive high class area referred to as Boulters Lock, is in the river area of the town of Maidenhead which has extensive shopping, schooling, sporting, and social facilities as well as the main line railway station to London Paddington, which will ultimately connect to Crossrail.

      Transport

      Taplow - Elizabeth Line/GWR

      Cookham - GWR

      Legal documents

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      EPC rating

      The EPC rating for this property is E

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums