Victoria Terrace, Pelton, Chester Le Street, County Durham, DH2
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Description
Available for sale is this residential development opportunity, comprising a substantial parcel of land extending to approximately 0.5 acres (2,020sqm), situated to the rear of Victoria Terrace, Pelton, Chester-le-Street.
The site occupies an established and predominantly residential position within Pelton and provides an attractive opportunity for developers and investors seeking a consented residential development site. The site benefits from planning permission for the construction of three two-storey dwellings together with associated infrastructure, offering the potential to deliver a small-scale residential scheme within an established community.
The surrounding area is predominantly residential in character, comprising a mix of established housing, with the site well positioned in relation to existing residential development and a range of local amenities and services. The scale of the consented scheme is considered well suited to the established nature of the locality and provides an opportunity to create a complementary addition to the existing housing stock.
Pelton is a popular village located approximately 3 miles west of Chester-le-Street, offering a range of day-to-day amenities including local shops, schools, community facilities and recreational opportunities. Chester-le-Street itself provides a wider range of retail, leisure and professional services, together with rail connections to the wider region.
The location also benefits from good road connectivity, with convenient access to Chester-le-Street, Durham and Newcastle upon Tyne. The A1(M) is readily accessible, providing direct links throughout County Durham and the wider North East, whilst the surrounding road network offers good connectivity to neighbouring towns and settlements.
The site represents an attractive residential development opportunity, benefiting from an established location, a sizeable site area and an existing planning consent for the construction of three new dwellings.
Victoria Terrace, Pelton, Chester Le Street, County Durham, DH2
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Chester-le-Street Station2.0 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Bradley Hall, Newcastle Upon Tyne on 0191 743 7550.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”