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Land for sale
Derwent Crescent, Arnold, Nottingham
£650,000
Derwent Crescent, Arnold, Nottingham
£650,000
Our Summary
- POTENTIAL DEVELOPMENT OPPORTUNITY
- (subject to planning)
- Overview - In 2017, a pre-planning application was submitted to Gedling Borough Council for the proposed redevelopment of the current site consisting of approximately 40 garages for demolition and the construction of 9 freehold townhouses
- The proposed site plan gives an example of the potential development layout
Description
This property presents a development opportunity in a great location, just outside Arnold and near open countryside. In 2017, a pre-planning application was submitted to Gedling Borough Council for the construction of 9 freehold townhouses on the current site, which consists of approximately 40 garages. The council confirmed no objection in principle to the residential redevelopment of the site, and the Affordable Housing SPD requires an infrastructure and affordable homes contribution. The proposed site plan provides an example of the potential development layout, and potential buyers are advised to make their own enquiries regarding Section 106 contributions and affordable housing.