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Our Summary
- It is now heavily overgrown and has a relatively steep incline, however in years gone by did have a garage on it, on the relatively flat bottom section, with an access onto Durham Chare (Pictured) Due to its location in the conservation area and typography, This site is unlikely to get planning permission for residential development, and even if this were possible, the costs associated with it would be very high, however it could provide a great garden, or other use
- Potentially, given the previous precedent, it could house a garage, (Subject to suitable planning permission) The title for sale is DU343060 and measures 627sq m and will come with a clawback provision included in the title in favour of the vendors and their successors in title
- the payment due being equivalent to 50% of the uplift in value arising on the grant of residential planning permission, for a term of 25 years from the completion of the sale
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Description
The property is a parcel of land located near the Market place, approximately 627 square meters in size. It has a relatively steep incline and is heavily overgrown, although it once contained a garage and had access to Durham Chare. The title includes a clawback provision in the event of residential development, with a potential payment of 50% of the uplift in value.
The land does not have a sewerage system or heating, and the electricity and water supplies are unclear. The site is located in a conservation area with protected trees and has a low flood risk.