Land for sale in Dereham Road Norwich NR2

Sale Price: £1,600,000

Norwich Norfolk Norwich, NR2 3UT

Land
-- Bed(s)
-- Bath(s)
Available

 43 Exchange Street, Norwich, Norfolk, NR2 1DJ
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Street Address

Norwich Norfolk Norwich, NR2 3UT

Property description



Approximately 1.5 acres (0.60 ha) located to the desirable West of Norwich City Centre. The site forms an irregular shape parcel of land which previously formed a Market Garden. The site now forms a site which predominantly laid to garden with some garages and two residential bungalows.

The site is accessed directly off the Dereham Road via a private driveway between the residential properties known as 348 and 349 Dereham Road.

The site is bounded on the north, south and western boundaries by residential properties and gardens, and on the east by a playing field.

THE AREA & LOCALITY

This West Norwich location is characterised by a strong community feel with desirable residential properties and proximity to the City Centre. Many of the properties are Victorian terraced properties, although there is a mixture of other properties interspersed within the terraces. There are a variety of amenities close by on the Dereham Road including a supermarket, various shops and takeaway outlets convenient for City living.

The site is accessed off a regular and convenient bus route which is approximatley 10 minutes from Norwich City Centre.

PLANNING & DEVELOPMENT

The site has until recently had planning consent from Norwich City Council for the erection of 24 new residential dwellings. Informal discussions with Norwich City Council have indicated that there is scope to renew this expired application for approximately 30 dwellings, although there is potential to increase this (subject to planning).

Norwich City Council has corporate priorities of Housing & Regeneration and therefore the development of Brownfield sites such as this will be well received by the Council at the present time.

TERMS

The land owner is prepared to enter into a conditional contract with a house builder/developer (subject to an acceptable planning consent being granted) at a level of circa £1.6M for the freehold interest.

The site is shown for identification purposes only edged red on the attached plan.

CONTACT

Please contact Tom Mayes MRICS - Land & Development Manger in the first instance on 07725 428 724 or email tom.mayes@landandnewhomes.co.uk to discuss the site further and for any additional questions/queries

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