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Residential Development Site, Panorama, 64 Gravelly Bank, Lightwood, Stoke on Trent, ST3 7EG

0.81 acres / Land / Residential

For Sale - £495,000.00

Withdrawn - Last updated: 19 November 2021

A 0.81 acre residential development site upon which a small detached house still stands to be demolished to make way for a development of 5 detached two storey houses. The site has an extensive frontage to Gravelly
Bank and benefits from far reaching views. Adjacent to the site on either side are private houses.

Location

The site is located in a desirable residential location in Lightwood and is surrounded by good quality housing in a semi-rural area with excellent transport links into the city centre. Access to the A50 via Sandon Rd (A520)
is approximately one mile to the north.

Accommodation

Site area as: 0.81 acres

Plot 1 - 2,044 sq ft

Plot 2 - 2,376 sq ft

Plot 3 - 2,044 sq ft

Plot 4 - 2,376 sq ft

Plot 5 - 2,376 sq ft

Terms

TENURE
Freehold, subject to contract and with vacant possession upon completion.
 
FOR SALE
£495,000 (Reduced)
 
PLANNING PERMISSION
On 30th October 2019 Stoke on Trent City Council granted outline consent (Application no 64444/OUT) to demolish the existing house and convert five 2 storey detached houses with front and rear gardens.
 
SERVICES
We are advised that all mains services are connected to the site although interested parties will be advised to make their own enquiries regarding the availability of services.
 
VAT
The sale price is not subject to VAT.
 
ESTIMATE GROSS DEVELOPMENT VALUE
Plot 1 - £450,000
Plot 2 - £475,000
Plot 3 - £450,000
Plot 4 - £500,000
Plot 5 - £500,000
Total GDV - £2,425,000

Specification

  • 0.81 acre site with Outline Planning Permission
  • Consent to build 5 detached houses in well-proportioned plots
  • Very desirable semi-rural location with far reaching views
  • Application no 64444/OUT granted 30/10/2019

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £495,000.00 NA

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