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Land, in Loscoe Lane, £400,000
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Property

Loscoe Lane, Ackton, Pontefract
Planning
£400,000

Our Summary

  • Exciting Residential Development Opportunity for 6 terraced houses with a further 3
  • The grass paddocks are sold subject to an overage clause for a period of 20 years whereby 50% of the uplift in value is reserved to the vendors on the implementation of Planning Permission being granted for any use other than agricultural, equestrian and horticultural

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Description

This exciting residential development opportunity presents a chance to build six terraced houses on a 0.22 hectare site in Ackton, near Featherstone, Wakefield. The site, edged by Red on the plan, currently features former agricultural buildings, including barns and a stable, which can be demolished to make way for the townhouses. The development is permitted, with the northern barn to be converted into a Class Q property.

The site also includes two grass paddocks, totaling 3.68 acres, which are available separately for £60,000, subject to an overage clause. The paddocks are suitable for agricultural, equestrian, or horticultural use. The property is located near Green Belt land, with easy access to major roads, including the M62, and is close to amenities in Normanton and Castleford.

The development presents a unique opportunity for investors or developers to create a new residential community in a sought-after area.