Warren Lane, Lewes BN8 Residential development for sale

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Warren Lane, Lewes BN8 Residential development for sale

Warren Lane, Lewes BN8
£2,000,000

Our Summary

  • Located in the picturesque village of North Chailey, Lewes, this remarkable new build project on Warren Lane offers a unique opportunity for developers
  • Customisation potential: Opportunity to create a development that suits your customers' lifestyle and preferences
  • Development potential: Create modern living spaces that meet the demands of today's buyers
  • Don't miss this opportunity to make your mark in the property development world
  • 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 4HWApprovedREF: LW/24/0691 | Date received: 29th Oct 2024We are advised there is NO CIL or 106 paymentsSite Details - Proposed change of use from an agricultural building to dwelling(s) (C3 Use class); revised application further to LW/23/0499
  • Planning for 8 units

Description

This exceptional new build opportunity in North Chailey, Lewes, offers a unique chance for developers to create a stunning development on Warren Lane. The property features a contemporary design and construction, customization potential, electric vehicle points, and a tranquil setting surrounded by natural beauty. With a prime location, it's an ideal spot for investment or building a stylish scheme. The property has planning permission for the conversion of an agricultural building into 8 brand new residential dwellings, with an expected gross development value of £5.4 million and estimated build costs of £1.7-1.8 million. The property market in the area has seen some interesting trends recently, with average house prices increasing by 6% over the past year. This rare find presents a chance to transform a canvas into beautiful homes, making it an ideal opportunity for developers to make their mark in the property development world.