£5,000,000
Land for saleHall Drive, Gosfield CO9
Freehold
About this property
Strategic Land
Of Intrest To Promoter and Delelopers
11.8 Acres (sts)
A site of circa 40.90 acres (sts) with development
potential (subject to approvals)
Location
The site is accessed through gates off a farm track forming part of the original Gosfield Hall estate. From Hall Drive or via 2 rights of access across the open space.
Block A also has direct frontage to Hedingham Road (A1017).
Description
The site currently comprises is in 3 sections Block A is an open grassed field extending to approximately 11.8 acres sts. To the north is a scaffolding yard, immediately to the south is an area of woodland, beyond which is a recent development carried out by Abbey Developments (see second photo).
Block B is predominantly woodland but there is an open field to the north of the block with the benefit of rights of way across the adjoining open space.
Block C, directly fronts and is currently woodland.
Planning
Braintree have recently adopted their local plan and has a 5 year housing land supply. Despite current compliance, the council acknowledges the need to plan for future growth. The government has set an ambitious target of 1,115 new homes per year for the district to meet national housing needs, necessitating the allocation of new land for development, given recent development on adjacent land we do consider that there is development potential for the site in the short to medium term.
Terms of Offer
Our client is looking to sell the land on an unconditional basis as a single lot.
They would expect any offer to include an overage covering at least 15 years in case of development.
Guide Price £800,000 - £1,000,000.
potential (subject to approvals)
Location
The site is accessed through gates off a farm track forming part of the original Gosfield Hall estate. From Hall Drive or via 2 rights of access across the open space.
Block A also has direct frontage to Hedingham Road (A1017).
Description
The site currently comprises is in 3 sections Block A is an open grassed field extending to approximately 11.8 acres sts. To the north is a scaffolding yard, immediately to the south is an area of woodland, beyond which is a recent development carried out by Abbey Developments (see second photo).
Block B is predominantly woodland but there is an open field to the north of the block with the benefit of rights of way across the adjoining open space.
Block C, directly fronts and is currently woodland.
Planning
Braintree have recently adopted their local plan and has a 5 year housing land supply. Despite current compliance, the council acknowledges the need to plan for future growth. The government has set an ambitious target of 1,115 new homes per year for the district to meet national housing needs, necessitating the allocation of new land for development, given recent development on adjacent land we do consider that there is development potential for the site in the short to medium term.
Terms of Offer
Our client is looking to sell the land on an unconditional basis as a single lot.
They would expect any offer to include an overage covering at least 15 years in case of development.
Guide Price £800,000 - £1,000,000.
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