This property is no longer on the market
Land
Property description & features
- Level and undeveloped parcel of land extending to 0.26 acres
- Pre application approved for residential development
- Scheme prepared for submission for 4 x 3 bed semi’s and 1 x 4 bed detached
- Anticipated Gross Development Value of circa £1,150,000
- Supplementary Application reports commissioned and included in sale
The site comprises a level parcel of land extending to 0.26 acres having a frontage of 50 meters to Grove Road and an average depth of approx. 24 meters. The area of land is undeveloped and forms what will become an extension of residential stock along Grove Road.
The acquisition of this site comes with a number of specific advantages as the vendor owns land adjoining which, subject to separate agreement, can be used in part as a compound and materials storage area and any surplus earth can be disposed of on the adjacent land instead of carting off site. All of the required reports needed to accompany a planning application have been commissioned and are included in the sale and the vendor can offer a full range of design and planning submission services.
LOCATION
The site is located in Heron Cross, on the outskirts of Fenton and forms an extension of existing housing stock along Grove Road. There is a junior school close to the site and access to the A50 dual-carriageway is within ½ a mile.
ACCOMMODATION
Referring to the attached plan, the land offered for sale (verged red), measured viaProMap, extends to 0.26 acres (0.1 ha).
DEVELOPMENT POTENTIAL
The vendor has met with Stoke on Trent City Council’s planners in order to discuss the suitability of obtaining consent to develop the site which has been met with general approval and correspondence dated 1st July 2021 from the Council confirming this can be made available. The vendor has prepared drawings illustrating two pairs of semi-detached houses and a single detached house, all of which are arranged over three floors and offer 3 bedrooms for the semi’s and four bedrooms for the detached all with en-suite and with off road parking to the front
and private gardens to the rear.
GROSS DEVELOPMENT VALUE
The 3 Bed semi’s has a GIA of 1,617 sq ft (150.2 m2)
The 4 Bed detached house has a GIA of 1,753 sq ft (162.9 m2)
The agents estimate that the semi-detached houses will have an Open Market Value of circa £225,000 and the detached house an OMV of circa £250,000 generating an GDV of £1,150,000.
SERVICES
We understand that all mains’ services are located in Grove Road and are available for connection, subject to confirmation from the appropriate utility company. No services have been tested by the agents and interested parties are requested to make their own enquires in terms of availability.
VAT
The sale price is not subject to VAT.
TENURE
Available freehold, subject to contract. Subject to further negotiations, the vendor is prepared to grant an interested party a period of exclusivity upon payment of a 20% refundable deposit in order to provide a period of time to obtain a detailed planning permission.
ANTI MONEY LAUNDERING REGULATIONS
In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 27302. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by sbliving - Headingley.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 18, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 18, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.