Otham Court Lane, Polegate, East Sussex, BN26

GUIDE PRICE: £450,000 to £500,000

• Building development project with circa 6.469 acres in a pleasant semi-rural location

• Planning permission in principle for the conversion of a generous sized detached agricultural building into 3 terraced two bedroomed dwellings

• PIP planning in principle is like outline planning permission

• Water supply

• Electricity supply

• Two gated entrances from the lane

• Easy access to the Polegate bypass for Lewes, Brighton and Eastbourne (within 6 miles of Eastbourne and its amenities)

• Level land suitable for equestrian or other livestock or even glamping

• The design for three terraced two-bedroom dwellings, allows for each to have a good sized parcel of land, making each of these proposed terraced units ideal for a buyer with a more constrained budget to have a property with land, which is a very desirable opportunity with land prices as they are currently

• Located close to the Cuckoo trail

DESCRIPTION: An extremely rare development opportunity that is a PIP (planning in principle) for the conversion of a generous sized detached agricultural barn to be turned into three terraced two bedroomed properties, which currently are set within circa 6.469 acres.

The fact that these proposed three two bedroomed properties are set within a 6.469 acre site, allows for the end price to be significantly higher on the resale values for a developer looking to achieve a good profit margin.

As the site has more than one gated access point, it easy to divide the land up between the units.

These type of residential semi-rural development projects do not often appear so close to the road and transport networks, which will also increase the end value due to their desirable commuting location, especially with the Polegate mainline train station so close by.

LOCATION: Situated off a quiet country lane near the towns of both Polegate and Hailsham, both of which offer shopping facilities, with although Hailsham town providing more extensive shopping facilities, including a variety of leisure activities with a large public gym and swimming pool complex, Polegate itself offers the popular mainline train station for London commuting. It is also within 6 miles of Eastbourne and its amenities.

There are numerous local well respected private and state schools within the area, including Bede’s, Eastbourne College and Mayfield School, to name but a few. As well as numerous local state primary schools.

SITE LAYOUT: There are two access gated points of the country lane, the first leading directly to the detached agricultural building, with the second gated access, a few hundred yards further up the lane.

All the land is level and fenced to allow for animals to graze. The land is understood to be circa 6.469 acres.

AGENTS NOTE: Please note that these details have been prepared as a general guide and do not form part of a contract. We have not carried out a detailed survey, nor tested the services, appliances and specific fittings. Room sizes are approximate and should not be relied upon. Any verbal statements or information given about this property, again, should not be relied on and should not form part of a contract or agreement to purchase.