Land for sale

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Land for sale

Springfield Road, Chelmsford
£3,500,000

Our Summary

  • SUMMARY(31 UNITS) Permitted Development opportunity for the change of use floors 1 - 3 from office use (class B1(a)) to eighteen residential units (class C3) alongside the Construction of 13 New Build apartments above with access from 31 Springfield Road
  • 5M - £4M has been provided for this Permitted Development and New Build Development Opportunity in this central location in the city of Chelmsford

Description

This is a unique development opportunity in Chelmsford city center, offering a guide price of £3.5M-£4M. The property currently has office space on floors 1-3, which is permitted to be changed to 18 residential units (Class C3), in addition to the construction of 13 new build apartments above, with access from 31 Springfield Road. The development will create a fourth and fifth floor, with the option to add more units to the side. The sale is being handled through a private treaty method, with the option to conclude through an informal tender process. Offers are invited by July 9, 2025, and must be accompanied by confirmation of finance and a legal representative. The vendors are not obligated to accept the highest or any offer received. Viewings are available upon request, and an information pack containing sales information, technical reports, and planning information is available upon request.