Description
An attractive development opportunity and 1.5 acres of pasture land available in two lots.
Location - The property is situated off St George's Hill on the edge of the village of Swannington in Leicestershire. The property has easy access to local services and amenities in Swannington and a more comprehensive range of services and amenities in the nearby town of Coalville.
Travel Distances
Coalville - 3 miles
Ashby de la Zouch - 4 miles
Leicester - 15 miles
East Midlands Parkway - 15.5 miles
Description - The site extends in total to 2.70 acres and comprises of a block of pasture land with direct access off St George's Hill.
The property is split into 2 Lots as follows:
Lot 1 - 1.20 acres (0.5 ha) of pasture land with outline planning permission for up to 14 dwellings (as shown edged red on the sales plan)
The outline planning permission comprises of a mix of market and affordable housing. Full details can be found on the North West Leicestershire District Council's website with the following reference: 23/01390/OUTM
The Proposed housing types are as follows:
No of Plots No of Beds GIA m2 GIA ft2
1 4 110 1184
1 3 100 1074
6 3 94 1011
4 2 79 850
2 2 70 753
There are 4 affordable home ownership (AHO) houses within the proposed development. It has been agreed with NWBC they will be as follows:
1 x 2 bed person houses as first homes
1 x 2 bed houses as first homes, Discounted Open Market Shared Ownership or Rent to Buy
2 x 3 bed, 5 Person houses or 2 x 2 bed, 4 person bungalows (as Social Rented or Affordable Rented)
Lot 2
1.5 acres (0.6 hectares) of pasture land with direct access onto St George's Hill (as shown in Blue on the sales plan)
Please note: Lot 2 does not have the benefit of planning permission. REF 23/01390/OUTM.
Lot 2 has potential for alternative uses, subject to obtaining the necessary planning consent
S106 Agreement - Lot 1 is sold subject to the S106 agreement and will be the responsibility of the purchaser upon completion of the sale. Further details are available on North West Leicestershire District Council's website.
Planning - North West Leicestershire District Council - 01530454545 Outline planning permission reference: 23/01390/OUTM.
Access - The property is accessed directly off St George's Hill.
Lot 2 will benefit from a right of way through Lot 1, it will also have direct access from St George's Hill.
Overage - Lot 2 will be sold with an overage clause as follows:
The land will be sold with an overage clause which will reserve 30% of any uplift in value attributed to any change of use or planning permission on the land for a period of 25 years.
For the avoidance of doubt, the overage clause will not be triggered by any agricultural, equestrian, environmental or forestry uses, but would for solar, wind or built development.
Services - We understand that there are no services connected to the property. Purchasers are to make their own enquiries as to connectivity for the site.
Tenure & Possession - The property is to be sold freehold with vacant possession on completion.
The property falls under the Land Registry Title LT517390
Plan, Area & Description - The plan, area and description are believed to be correct in every way, but no claim will be entertained by the vendor or the agents in respect of any error, omissions or misdescriptions. The plan is for identification purposes only.
Viewing - Viewings are strictly by appointment only.
Please call direct on 01530877977 option 4 or email anna.meynell@howkinsandharrison.co.uk
Anti Money Laundering - To enable us to comply with the Money Laundering Regulations we need to verify the buyer's identity before proceeding with a sale.
We charge a small administration fee for conducting an electronic AML verification check via our online provider, MoveButler.
