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Plot for sale

Hipswell, Richmond

Sold STC £1,500,000

Property Description

Full description

‘RICHMOND PARK’: A FIRST CLASS 7.5 acre/3.03ha Tree-lined & Contained Residential Development Site. Originally Detailed Planning Approval (Ref. 13/00168/FULL for of 72 Residential Dwellings) in the fastest growing area of the region.

The Site - 7.5 acre/3.03 ha site originally with Detailed Planning Approval (Ref. 13/00168/FULL for the Demolition of Two Existing Dwellings and Associated Outbuildings and the Erection of 72 No. Residential Dwellings with Associated Parking and Landscaping.
Stand-alone, tree-lined & site set nicely away from the swathe of (under construction) indifferent new homes estates & existing residential areas (see below), yet within 1/2 a mile of the town centre.
The site fronts Hipswell Road & undulating grazing land & offers an exceptional opportunity to create a superb & individual residential scheme.

The Area - Richmondshires single greatest influence is Catterick Garrison, which is rapidly integrating, expanding & becoming the largest population centre in Richmondshire - this is expected to double to over 25,000 by 2020. Effectively, Catterick & Hipswell now form New Richmond with its own new town centre, while Old Richmond (the worlds first & original Richmond) is the tourist hub & gateway to Swaledale.
Historic Richmond is just 2 1/2 miles away with access to the most stunning scenery anywhere to be seen - the area remains one of the most beautiful & rewarding places to live in the Country.
The area is going through exciting progressive change: The upgraded A1 Motorway opens in June this year, the recently completed PRINCES GATE LEISURE & RETAIL CENTRE (0.5 miles) with its Empire 7-screen cinema, many retail units, cafs, restaurants & bars with 350 free car parking spaces is the dominant Retail & Leisure provision for Richmondshire - new regional hub.
The forthcoming 84 unit DESIGNER OUTLET VILLAGE at Scotch Corner (to include a wide range of high quality retailers, cafs & restaurants) will be a huge area attraction & is set to re-establish Scotch Corner as the iconic location known to travellers nationwide.
In central Richmond there are several independent shops, the Co-op/Lidl, WH Smith, Boots, Heron Foods, Costa & Edinburgh Woollen Mill. The Station (formerly Richmond railway station) is a relatively small food, film & arts centre & attracts 300,000 tourists a year.

Road & Rail - The A1 Motorway/A66 upgrade (formally opening in Spring 2017) giving excellent region-wide access, about 3 miles; A66 8 miles, Harrogate 36 miles, York & Newcastle 50 miles & Leeds 54; Mainline rail stations at Northallerton & Darlington: 16 & 17 miles.

Schools - Hipswell C Of E Primary School & Risedale Sports & Community College are in the immediate area, along with other facilities.
Further primary & secondary schools in Richmond.
Independent schools are represented by Aysgarth School (3 to 13 years) & Barnard Castle School (4 to 18 years)

Demographics - Affluent catchment with a highly populated urban core.
Wealthy households account for 32% of the 10-minute catchment, increasing to 36% of the 20-minute catchment (compared to a national average of 19%) (source: Savills Research).
Comfortable households account for 25% of the 10-minute catchment, increasing to 28% of the 20-minute catchment (source: Savills Research).
60% of military households have 2 or more incomes & household income is 25-50% above the Great Britain average (source: Oxford Retail Consultants).
Employment amongst 16-75 year olds in Richmondshire is high. Unemployment stands at just 1.5% in comparison to the 2011 UK national average of 3.6%.

More information from this agent

Listing History

Added on Rightmove:
11 November 2016

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