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Land for sale
Festival Gardens, Telford
£80,000
Festival Gardens, Telford
£80,000
Our Summary
- For Sale By Auction at 6
- 30pm on Monday 25th November 2024 at the Double Tree By Hilton Hotel, Festival Park, Stoke on Trent, ST1 5BQContact the Auction Team to Register:[use Contact Agent Button] or [use Contact Agent Button]
- Subject to obtaining the appropriate planning consents the land has potential for residential development for which a planning appraisal has been commissioned by the client
- The appraisal summarises that there is potential for 4 x semi-detached houses and is available upon request
- The report summarises 'This is an underused and previously developed site in a sustainable location and in this regard, taking into account the Development Plan, the proposed scheme is considered to be compliant with both local and national planning policies and is likely to be supported by the Council subject to detailed design'A Property information pack is available upon request and contains the following:- Planning Pre App Report- Planning Appraisal- BJB Comparable evidence- PhotographsNB: Whilst BJB will try and supply as much information as we can about the planning status of the land / property, please be mindful that we are not planning consultants and accordingly it is important that prospective purchasers ensure they have inspected the land / property and rely upon their own enquiries, assessments and due diligence with regards to the planning status and current or potential uses
- Based on the potential 4no
Description
A development site with potential for residential use is being sold by auction in Telford, Shropshire. The site consists of hardstanding ground and 7 freestanding garages, located behind existing dwellings, and has the potential for 4 semi-detached houses. A planning appraisal has been commissioned, which suggests that the site is suitable for residential development and that a scheme of 4 semi-detached dwellings could be supported by the local council. The site is located in a well-established residential area, close to Telford town centre and the motorway network. The guide price for the site is estimated to be around £900,000, with a potential annual income of £48,000 from rental income. The site is being sold freehold, subject to any existing rights of way and tenancies.