Land for sale

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Land for sale

Land At Clavering Road, Swalwell
£195,000

Our Summary

  • Located in Swalwell close to Whickham, the Metro Centre and the A1, this is a cleared site with the benefit of planning permission for the construction of eight apartments
  • Planning Planning permission was granted on 6 February 2024 (DC/23/00437/FUL) for the erection of a four storey apartment block comprising of 8 no two bed units in a single block

Description

This cleared site in Swalwell, near Whickham and the Metro Centre, has planning permission to build eight two-bedroom apartments. The location offers excellent transport links, with the A1 Western Bypass nearby, and is close to local shopping, leisure, and educational facilities. The planning permission was granted in February 2024 and is subject to various conditions, including commencing development within three years. The site is subject to an overage agreement and a S106 agreement, and is not subject to VAT. The property is being sold as a freehold interest on two titles, and prospective buyers are advised to take legal advice on the full terms of the lease. The site has good demand for the finished apartments, making it an attractive investment opportunity.
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