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DEVELOPMENT OPPORTUNITY WITH CONSENT, SMALLEY, DERBY, DE7

For sale: £850,000.00|Land, House, Residential Land, Other, Design & Build, Leisure, Commercial Land, Residential, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£850,000.00
ADDRESSLand Located At 25-29 St. John's Road, Smalley, Ilkeston, DE7 6EG
TYPELand, House, Residential Land, Other, Design & Build, Leisure, Commercial Land, Residential, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON18th March 2021

DESCRIPTION

DEVELOPMENT SUMMARY:

Land Located At 25 – 29 St. John’s Road, Smalley, Ilkeston, DE7 6EG

Asking price now reduced for a speedy sale: OIEO £850,000 Subject to contract (for approved 7 unit scheme). Potential to add further units S.T.P.P and more information available on request.

An assembled development site with uninterrupted countryside views in a highly sought-after location secluded behind St. John’s Road with the benefit of full planning consent to demolish the existing bungalow and erect 7 new build houses (5 x 4 bed detached houses and 2 x 3 bed detached bungalows) with a new access drive and associated parking.

The full application and all associated documentation for the approved 7unit scheme can be accessed via the Amber Valley Borough Council planning portal using the Planning Ref No: - AVA/2020/0701.

The approved 7unit scheme will have a Gross Internal Area (GIA) of 999.8 sqm or 10,762 sq ft with an approximate Gross Development Value (GDV) in the region of £3,100,000 or above. We strongly encourage all interested parties to conduct their own due diligence as well.

A new planning application has been submitted by the sellers for the replacement of Plot 2 (3 bed detached bungalow) into 2 x 4 bed detached houses (8 units in total). Subject to planning, the new proposed scheme will add a further 133.5 sqm or 1,437 sq ft bringing the total GIA to c.1,133.3 sqm or c.12,199 sq ft. (Planning is also due to be submitted imminently by the sellers for a proposed 9th unit - please contact us for the new proposed plans and for further information).

According to our own measurements, the total site area measures approximately 3,280sqm or 0.8 Acres. Please note when viewing the site via google earth that all the trees shown across the site have now been removed.

We have been informed that there are no CIL or S106 contributions. As there is now detailed planning approval passed by the Local Authority subject to reserved matters, the site is now ready to commence.

LOCATION SUMMARY:

Smalley Village and the local area comprises largely of professionals commuting to the nearby Cities and families taking advantage of the coveted local schooling and amenities. A host of local amenities and shops are within easy reach and Belper Market Town, Ripley, Horsley Woodhouse and Heanor Town Centres as well as both Derby and Nottingham City Centre are all only a short drive a way.

Stainsby Hall Cricket Club and Dobholes Lane Recreation Ground are both only a 10minute walk away. There are also a variety of Golf courses, renowned restaurants, leisure facilities, sporting grounds, parks, play areas as well as some of the most stunning scenic routes in the whole of the UK including the Peak District National Park, various National Trust Parks including Dovedale, Kedleston Hall, Calke Abbey, Hardwick Hall and many areas of outstanding natural beauty. The well-known Spa Towns of Matlock Bath and Matlock are also within easy reach.

Ilkeston, Langley Mill, Duffield, Derby and Nottingham Railway Stations all provide regular trains via London, Midland and CrossCountry lines offering fantastic access both locally and across the country. There is also a reliable bus route with the closest bus stops within walking distance. Nearby Toton Village will be the new home for the proposed East Midlands HS2 Hub which is set to become one of the most connected places in the UK. (Please contact us if you require additional information about the location).

OFFER TERMS:

OIEO £850,000 Subject to Contract

(An overage price STP to be factored in to all offers for proposed 8th & 9th units - further information available on request).

VIEWINGS:

All site visits are strictly by appointment only via:

Andell Property - SOLE AGENTS

(72hr notice is required for all on site viewings and site access)

*PLEASE CONTACT OUR TEAM FOR THE FULL SALES PARTICULARS AND FOR FURTHER INFORMATION - 020 3915 8383 OR INFO@ANDELLPROPERTY.CO.UK / ANDELLPROPERTY.CO.UK*

LOCATION

Location: Land Located At 25-29 St. John's Road, Smalley, Ilkeston, DE7 6EG

Langley Mill (3.2 miles)

Duffield (3.8 miles)

Belper (4.0 miles)

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