No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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0 bed
0 bath

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Property description & features

  • Development site in the village of Oakthorpe
  • Outline planning for three detached family homes
  • GDV of circa £2,400,000
  • Developable area totals 0.65 of an acre
  • Plus 2.1 acres of paddock land behind
  • Site accessed via a common ground driveway
  • Village location with a primary school
  • We estimate around 35% return on investment
  • Planning Reference 21/00438/OUT
Outline planning permission is granted for the construction of three properties totaling 7,800 square feet gross floor area with a GDV of circa £2,400,000.

General Description - Alexanders of Ashby offer to the market an exciting opportunity to acquire a development site for three substantial detached family homes, in the well serviced and accessible village of Oakthorpe. Outline planning permission is granted for the construction of three properties totaling 7,800 square feet gross floor area with a GDV of circa £2,400,000, making this development perfect for small to medium sized developers with circa 35% return on investment.

Planning - The site is accessed via a common ground driveway. The developable area totals 0.65 of an acre and alternative schemes could be proposed should the purchaser wish. There is a further 2.1 acres of paddock land that has been wilded by the current owners. It is thought that the paddocks could be split and included in the sale to plots 1 & 2 under the current scheme to enhance the resale value of the larger plots.

We estimate that there is around a 35% return on investment, making this opportunity exciting for the right developer.

Further detail can be found on the North West Leicestershire planning portal, application number 21/00438/OUT.

Location - The village is an attractive settlement in North West Leicestershire, boasting amenities such as a public house, leisure centre and a primary school rated 'Good' by Ofsted. Within close proximity is the sought after market town of Ashby-de-la-Zouch, and commuter links to Nottingham and Birmingham are excellent via the M42 motorway.

Distances - Loughborough 21 miles, Leicester 19 miles, Nottingham 25 miles, Birmingham 27 miles, London St Pancras from 1h 22m, East Midlands Airport 14 miles (distances and timescales are approximate).

Viewing - Viewing strictly by appointment only via sole selling agent, Alexanders of Ashby-de-la-Zouch[use Contact Agent Button].

Local Authority - Northwest Leicestershire District Council, Council Offices, Coalville, Leics, LE67 3FJ ([use Contact Agent Button]).

General Note - OS Map: The Plans within these particulars are based on Ordnance Survey data and are provided for reference only. The blue outline shows the developable area and the red outline inlcudes the paddock land.

Property information from this agent

Places of interest

    Alexanders are fully engaged in property. We are dedicated to presentation and service, and are ready to craft a bespoke marketing strategy tailored to each individual property. As a local, independent estate agent, we make a commitment to establishing long-term client relationships. We offer a personal service, delivered by an enthusiastic and professional team, from our offices in Ashby-de-la-Zouch, Loughborough, Market Bosworth, Melton Mowbray and Shepshed. With a combined 125 years of experience, we guarantee an approach that retains traditional values whilst embracing all modern aspects of our profession. We invest in only the best training by the most successful and proven operators in the industry. We are passionate about our specialism in residential sales and lettings, together with land and new homes, and aim to exceed expectations with an emphasis placed upon strength of negotiation and industry leading marketing. Communication has and always will be a fundamental part of our service.

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    Broadband availability and predicted speed

    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

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    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

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