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£2,000,000Residential development for sale
Warren Lane, Lewes BN8
New build
Residential development
Key information
Tenure: Freehold
Council tax: Band TBC
Features and description
- Option agreement assignment
- Barn conversion
- Planning for 8 units
- North chailey
- Countryside location
- Offers invited
Exceptional New Build Opportunity. Located in the picturesque village of North Chailey, Lewes, this remarkable new build project on Warren Lane offers a unique opportunity for developers. Key features include:
Property Highlights: 1. Contemporary design and construction: Meeting the highest standards of comfort and energy efficiency. 2. Customisation potential: Opportunity to create a development that suits your customers' lifestyle and preferences. 3. Electric Vehicle (EV) points: Supporting sustainable living. 4. Tranquil setting: Surrounded by stunning natural beauty, lush greenery, and scenic views.
5. Prime location: Ideal for investment or building a stylish scheme.
Opportunity Details
1. Option agreement assignment: Opportunity to acquire the property and develop it according to your vision. 2. Development potential: Create modern living spaces that meet the demands of today's buyers.
This property on Warren Lane is a rare find, offering a chance to transform a canvas into beautiful homes. Don't miss this opportunity to make your mark in the property development world!
Location - North Chailey is well-connected, offering easy access to local amenities and transport links, via the A272 making it an ideal location for families and professionals alike. The charm of Lewes, with its historic architecture and vibrant community, is just a short distance away, providing a wealth of shops, restaurants, and cultural attractions and nearby Haywards Heath offers a bustling High Street, Hospital and mainline railway station with connections to London Gatwick and the coast at Brighton.
Planning Information & Proposal - We are offering an Option Agreement Assignment dated the 23rd June 2023 on behalf of the developer.
Planning has been granted for the conversion of an agricultural building to form 8 brand new residential dwellings at Grassington Farm Warren Lane North Chailey East Sussex BN8 4HW
Approved
REF: LW/24/0691 | Date received: 29th Oct 2024
We are advised there is NO CIL or 106 payments
Site Details - Proposed change of use from an agricultural building to dwelling(s) (C3 Use class); revised application further to LW/23/0499. The agricultural barn, lies at the eastern end of Warren Lane and to the north of Hazeldene Lane. Site is located within countryside but no other statutory designations. The site is within a rural area characterised by farms and individually designed dwellings.
The barn in question is not readily visible from public vantage points being screened by the adjoining mature boundary trees and hedging. The barn is acknowledged to have been used for agricultural purposes. The barn is not Listed nor within a Conservation Area. The barn was solely in agricultural purposes as part of the wider farm holding on 20th March 2013. There have been no subsequent changes of use or non-agricultural uses of the barn
Expected GDV= £5,400,000 with Build Costs estimated at £1.7m to £1.8m (Circa £1,700 per sq M)
Sizes per unit ar 4 x 100Sqm and 4 x 150 Sqm See plans for more details.
Price Trends - The property market in North Chailey, Haywards Heath, has seen some interesting trends recently. Over the past year, the average house price in this area has been around £746,6671. Here's a breakdown of the average prices for different types of properties: Detached properties: £1,500,000 Terraced properties: £445,000 Flats: £295,000 Overall, house prices in this area have increased by 6% compared to the previous year, although they are still 14% down from the peak in 2021. Are you considering buying or selling a property in this area?
Property Highlights: 1. Contemporary design and construction: Meeting the highest standards of comfort and energy efficiency. 2. Customisation potential: Opportunity to create a development that suits your customers' lifestyle and preferences. 3. Electric Vehicle (EV) points: Supporting sustainable living. 4. Tranquil setting: Surrounded by stunning natural beauty, lush greenery, and scenic views.
5. Prime location: Ideal for investment or building a stylish scheme.
Opportunity Details
1. Option agreement assignment: Opportunity to acquire the property and develop it according to your vision. 2. Development potential: Create modern living spaces that meet the demands of today's buyers.
This property on Warren Lane is a rare find, offering a chance to transform a canvas into beautiful homes. Don't miss this opportunity to make your mark in the property development world!
Location - North Chailey is well-connected, offering easy access to local amenities and transport links, via the A272 making it an ideal location for families and professionals alike. The charm of Lewes, with its historic architecture and vibrant community, is just a short distance away, providing a wealth of shops, restaurants, and cultural attractions and nearby Haywards Heath offers a bustling High Street, Hospital and mainline railway station with connections to London Gatwick and the coast at Brighton.
Planning Information & Proposal - We are offering an Option Agreement Assignment dated the 23rd June 2023 on behalf of the developer.
Planning has been granted for the conversion of an agricultural building to form 8 brand new residential dwellings at Grassington Farm Warren Lane North Chailey East Sussex BN8 4HW
Approved
REF: LW/24/0691 | Date received: 29th Oct 2024
We are advised there is NO CIL or 106 payments
Site Details - Proposed change of use from an agricultural building to dwelling(s) (C3 Use class); revised application further to LW/23/0499. The agricultural barn, lies at the eastern end of Warren Lane and to the north of Hazeldene Lane. Site is located within countryside but no other statutory designations. The site is within a rural area characterised by farms and individually designed dwellings.
The barn in question is not readily visible from public vantage points being screened by the adjoining mature boundary trees and hedging. The barn is acknowledged to have been used for agricultural purposes. The barn is not Listed nor within a Conservation Area. The barn was solely in agricultural purposes as part of the wider farm holding on 20th March 2013. There have been no subsequent changes of use or non-agricultural uses of the barn
Expected GDV= £5,400,000 with Build Costs estimated at £1.7m to £1.8m (Circa £1,700 per sq M)
Sizes per unit ar 4 x 100Sqm and 4 x 150 Sqm See plans for more details.
Price Trends - The property market in North Chailey, Haywards Heath, has seen some interesting trends recently. Over the past year, the average house price in this area has been around £746,6671. Here's a breakdown of the average prices for different types of properties: Detached properties: £1,500,000 Terraced properties: £445,000 Flats: £295,000 Overall, house prices in this area have increased by 6% compared to the previous year, although they are still 14% down from the peak in 2021. Are you considering buying or selling a property in this area?
Property information from this agent
About this agent
Aries Land UK -Bexhill
Registered Office C/O 23 St Leonards Road
Bexhill, East Sussex
TN40 1HH
020 8115 3168ABOUT ARIES LAND UK LAND FINDERS ACROSS SUSSEX. Aries Land UK is a land finding consultancy dedicated to connecting local developers and housebuilders with prime land and commercial development opportunities for their next visionary projects in East Sussex. We also collaborate with local Architects and Planners and local property professionals to help clients get the best designs and tactical advice for their projects, Option appraisals, feasibility studies or just getting the right mix of housing for a specific location. We want to understand your requirements, to add value and perspective to any one of your projects. We can tailor our strategy to meet your needs, which will help you get the best from your project. Landowners, come to us for advice.