Land Available in Derby

Size

Site Area: 0.54 acres/0.22 hectares

Property Description

This is a great opportunity to acquire a well-located site with an existing three bedroom detached dwelling and significant potential for further development (STP). A feasibility Study has been drawn up for the demolition of the existing dwelling and construction of 4 x three-bedroom detached houses and a single two-bedroom bungalow. This clearly demonstrates potential for re-development on the site which would be appropriate given the significant demand for residential opportunities within the area. At this stage no formal discussions or pre-applications advice has been obtained from the Local Planning Authority. * Offers invited in excess of £550,000 for the freehold. * Indicative scheme drawn up that includes 4 x three-bedroom detached houses and a single two-bedroom bungalow. * Offers for the freehold are invited in excess of £550,000.

Planning and Development information:

The accommodation to the existing building comprises a ground floor hallway, living room, kitchen, dining room, shower room with WC and rear porch conservatory with the first floor comprising three bedrooms and a bathroom with an overall Gross Internal Area of 2,578 sq ft / 239 sq m. Having taken into consideration the boundaries, the site extends to approximately 0.54 acres (0.22 hectares). Please note that whilst an indicative development scheme has been drawn this has been on the basis of looking at the viability of the site and no formal planning application or pre-application has been made. Any enquiries with regards to future development should be made to the local planning authority. A comprehensive information pack is available upon request from the Agent.

Terms

• For Sale: £550,000 equating to £1,018,519 per acre
• Prices are subject to VAT unless otherwise stated
• Sale is subject to contract

Agent's Disclaimer

There are no plans available to view for this property. Contact the agent for further information

Property Location

The subject property stands on The Hollow, one of the principle routes through Littleover connecting with the suburbs of Stenson Fields, Sinfin and Sunny Hill. It is located in a popular area of Littleover situated just a few miles to the West of Derby city centre and is considered a well-regarded residential area mixed type dwellings with a good range of local amenities nearby.

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