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AGENT'S DETAILS


RESIDENTIAL DEVELOPMENT OPPORTUNITY*, Plot C, Land at Lower Bryn, Newtown, Newtown, Powys

For sale: £785,000.00|2.96 Acres|Land, Land, Commercial Land

PROPERTY DETAILS

FOR SALE£785,000.00
SIZE2.96 Acres
ADDRESSRESIDENTIAL DEVELOPMENT OPPORTUNITY*, Plot C, Land at Lower Bryn, Newtown, Newtown, Powys
TYPELand, Land, Commercial Land
TENUREBusiness for sale, Development Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON24th January 2021

DESCRIPTION

The site has a Total Site Area of approximately 2.96 acres (1.2 hectares) and comprises of land currently in agricultural use which is held under Title Number CYM83004. The land currently has no vehicular access to the site.

To the southern boundary of the site there is a private access road that serves the property known as Nant Y Ffridd and separates the property interest from the existing residential development known as Parc Bryn Mor.

To the western boundary of the site there is the adopted road known as Bryn Lane. To the northern boundary of the property interest is land currently in agricultural use. The land enjoys picturesque views and inclines running from west to east running down to the water course that serves as the eastern boundary of the site.

LOCATION
The land is located on the north west edge of the town of Newtown adjacent to the existing residential developments known as Bryn Mor Heights and Parc Bryn Mor, which are located to the south of the property and are all approached via Bryn Lane. The site enjoys an elevated position over the town of Newtown.

The land is situated approximately 2 miles north east of the town centre of Newtown, where all local amenities are available. Newtown is an established market town and an administrative centre and to the north of the site there is land currently in agricultural use.

Newtown is an established market town located approximately 30 miles west of the town of Shrewsbury, 14 miles west of the town of Welshpool and approximately 44 miles east of the town of Aberystwyth.

The town had a population of 11,357 at the 2011 census and has all local amenities. A bypass has recently been constructed around the town of Newtown.

PLANNING
Prospective purchasers should make their own enquiries.
The property is understood to benefit from being an allocated site for residential development under The Powys Local Development Plan 2011- 2026, which was adopted in April 2018.

The property interest forms part of a larger property ownership that benefits under Planning Consent Reference Number M/2005/1154 for Full Planning permission for the erection of 94 dwellings, formation of vehicular access roads and associated works at PT Os 5124 and 3343, Os 6347 and 4555 Lower Bryn, Bryn Lane, Newtown.

Under the benefits of this consent it would mean the property benefits from Planning Consent for the construction of 35 dwellings of which 30% are to affordable housing. The consent is subject to a variety of planning conditions. Further details are available upon request from the selling agents.


Residential development opportunity

A well located residential development site benefiting from existing planning consent for 35 residential units

The site benefits from an elevated position over the town of Newtown
( Agency Pilot Software Ref: 45461 )

LOCATION

Location: RESIDENTIAL DEVELOPMENT OPPORTUNITY*, Plot C, Land at Lower Bryn, Newtown, Newtown, Powys

Newtown (Powys) (0.8 miles)

Caersws (4.8 miles)

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