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Residential Development Opportunity, Watermills Road, Chesterton, Newcastle under Lyme, ST5 6AT

3.72 acres / Land / Residential

For Sale - £1,450,000.00

Available - Last updated: 19 March 2021

A relatively level parcel of land extending to 3.72 acres with the benefit of a full detailed planning permission, granted 18th December 2020 (Application no: 20/00463/FUL), permitting the development of 67 houses of various styles. This is a site that can be developed immediately, located in a popular area benefiting from excellent transport links and being within 3.5 miles of Newcastle under Lyme town centre.

Location

The site has an extensive frontage to Watermills Road and is located to the north of Chesterton, an established urban village, located approx. 3 miles to the north of Newcastle under Lyme town centre. The majority of the site is flanked by either established tree formations or agricultural land and is positioned in a mixed-use area within close proximately to a large housing estate and a range of retail and public amenities.

Accommodation

Excellent residential development opportunity 3.72 acres (1.505 ha)

Terms

PROPOSAL
The site is being offered to the market freehold together with the benefit of the detailed planning permission, subject to Contract only and on the basis that an interested party can conclude the purchase quickly. We are not looking to attract offers on a ‘subject to planning’ basis or from parties that want a protracted conveyancing process.
 
GUIDE PRICE - £1,450,000
 
VAT
The land has been ‘Opted to Tax’.
 
FOR FURTHER DETAILS OF THE DEVELOPMENT OVERVIEW, AFFORDABLE HOUSING REQUIREMENT, NATIONAL HOUSING BUILDING STANDARDS, GROUND INVESTIGATION REPORT, SECTION 106 AGREEMENT. SITE PLAN & TITLE PLAN, PLEASE VIEW ATTACHED BROCHURE.

Specification

  • Detailed planning permission granted to build 67 houses
  • Semi-rural location on edge of Chesterton
  • Elevated plot with far reaching views over open countryside
  • Minimum GDV: £10,350,000

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
Guide Price For Sale Freehold £1,450,000.00 NA

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Agency Team

Rory Mack Associates Ltd

01782 365492



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