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Under OfferFor sale: £845,000.00

Brookside Farm, Holt Road, Dereham, NR20 5JS

Other, Other Property Types & Opportunities , 2.61 Hectares
Property type: Other, Other Property Types & Opportunities
Tenure: Development Opportunity, Investment Opportunity, Under Offer, For Sale Freehold
Size: 2.61 Hectares
Price: £845,000.00
Location: Brookside Farm, Holt Road, North Elmham, Dereham, NR20 5JS
North Elmham is a desirable village that falls under the remit of Breckland District Council, located approximately 5.5 miles north of Dereham and 9.5 miles south west of Holt. The villages and the surrounding area is popular for its attractive rural setting, being opposite the Don estate. The village is also popular due to its transport links to Fakenham, Swaffham, Dereham and Norwich.

The site is located on the Holt Road and adjacent to North Elmham Primary School and comprises approximately 6.44 acres (2.61 hectares) of prime development land, the site has a largely square footprint fronting Holt Road, most recently utilised as a meadow, which gently undulates towards the rear of the site. The site also includes a number of outbuildings and a derelict cottage.

Outline approval has been granted for the erection of 16 residential dwellings with new associated access, consistent with the planning application submitted to Breckland District Council Ref 3PL/2015/0919/O. The forthcoming development would be subject to approval of reserved matters, which are to include scale, appearance, landscaping and layout.

The S106 has been agreed and signed, confirming affordable provisions on site at 2 dwellings, the construction of a public car park with capacity for 40 vehicles, a footpath linking the site to Holt Road, Cathedral Drive and Millennium Road, in addition to a footbridge linking to the North Elmham Primary School. The agreement also states that 7,306 sqm of Open Space Land is to be provided on site.

We understand that Elmham Parish Council intend to take on responsibility of the management of the car park, footpaths and open space land, on completion of these works.

The freehold interest in the property is available for sale with offers in the region of £845,000 exclusive.
( Agency Pilot Software Ref: 334589 )
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