LAND DEVELOPMENT SITE WITH LAPSED APPROVAL FOR 26 HOUSES JUST OFF BLACK LANE WHEATLEY HILL, JUST OFF A19. LAND ALSO INCLUDES ADDITIONAL DERELICT HOUSE AND LAND IN CURRENT SALE PRICE WHICH WAS NOT INCLUDED IN THE ADDITIONAL PLANNING APPROVAL AND OFFERS THE OPPORTUNITY TO AMEND THE PLANNING APPLICATION TO INCLUDE INCREASED DWELLINGS.
We are instructed to offer for sale this development site which we are advised has lapsed planning permission (Durham County Council ref plan 2007/0508 extended in 2011) for 26 dwellings and now includes an additional plot (formally detached house and land) which offers the potential for increased development compared to the original planning application.
We are advised by the vendor that the development opportunity was formally valued for mortgage purposes in May 2008 at over 1 Million.
Representing an investment opportunity, the site is located in the village of Wheatley Hill, County Durham, accessible just a few minutes from the A19, a major north east arterial corridor, and providing commuting access to Teesside, Wearside and Tyneside.
Situated in an improving area within the northern part of the village, the site benefits from attractive and virtually unrestricted countryside views and is in close proximity to good quality modern housing.
Our client has had full site surveys and assessment carried out (which can be made available for inspection to interested purchasers if required) and has development and artist impression drawings also.
Further enquiries should be made to our Sunderland office. Please ask for Dean Harding. Read more