5 Bedroom Plot Sold in Lincoln, LN6
| Reference | 35392 |
| Address |
Newark Road, Lincoln, LN6 8RT (Map Location) |
| Beds | 5 |
| Baths | 3 |
| Type | Plot |
| Tenure | Freehold |
This is a fantastic opportunity to acquire between 1 - 3 plots of land for sale with planning approval for 3 x 4-5 bed detached executive homes in a prime location in Lincoln.
Description
This plot of land represents a great development opportunity for any builder/developer to build between 1 - 3 five bed executive homes in a prime location to the south of the city. Situated adjacent to 501 Newark Road and at the back of 509 Newark Road this is an exceptional location, next to Chancery Close, an exclusive development of superior large family homes. The site has planning approval for three detached five bed executive dwellings, each with separate double garages. The land is accessed from the existing 5 metre wide driveway to 501 Newark Road. Part of the planning conditions are that this driveway must be upgraded to incorporate a pavement and extra street lighting. Also the development must include the construction of an extra drive to the boundary of the Coach House 509 Newark Road, and the provision of services for this building, which currently runs off 509. This is all clear in the plans as shown. The vendor is ideally looking for a developer to build two houses for their own purposes, and to build one house for the vendor's personal use. Plot C is the preferred house to be built for the vendor. The living areas of the three dwellings are (A) 1907.10 Sq Ft, (B) 1663.93 Sq Ft and (C) 1872.24 Sq Ft and the estimated current market values of the completed dwellings are £350000 for A and C and £325000 for House B.