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Studio, in Land At The Old Fairground, £240,000
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Land

Land At The Old Fairground, Wingham CT3
Land Planning
£240,000

Our Summary

  • The land subject to planning permission could also offer a range of other opportunities such as a rural business or green business (currently government priorities) and as the UK Government have recently relaxed planning regulations on grey / green belt land with further relaxation expected as part of the government’s growth strategy, and local housing targets not being met, there could be an array of opportunities for the future owners of this land, subject to planning permission by the local authority
  • Recently, a new build property been approved and constructed to the north of the subject land, adjoining the River subject to conditions to raise the floor level which may suggest the national drive for new homes, government housing targets and relaxing of planning rules which may indeed see excellent future development value at this location (subject to any future planning applications)

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Description

The property consists of two adjoining plots of land, totaling 5.5 acres, located in a private area west of North Court Close, Wingham, Kent. The land is on the village boundary and is accessible directly from North Court Close via an entrance gate. The plots are made up of clay and silt soil and have a river running along one edge.

The land has been allocated as Flood Risk 2 and some areas as Flood Risk 3 by the Environment Agency, although the current owners report no known history of flooding. The land has its own independent access to North Court Close, allowing for potential use or sale of each plot separately.