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Land for sale

Development Opportunity at Methwold

Guide Price £850,000

Property Description

Full description

Tenure: Freehold

The land offered for sale has the benefit of Outline Planning Permission granted on the 17th February 2016, Reference: 15/02125/OM. This is for the development of 44 residential units, of which 9 are to be affordable housing. Extending in all to 2.23 hectares (5.51acres) the land is currently used for arable cropping. It is arable land to the south, west and eastern boundaries. 

The Section 106 Agreement principally includes the following: Affordable Housing: is 20% of the total number of dwellings totalling in 9 dwellings of which 6 are for rent and 3 are for shared ownership.

Educational Contribution: is to be advised.

Library Contribution: required to pay £75 per dwelling towards the library stock and equipment to be used on the mobile library service DOW 244 which serves the Methwold area. This is to be paid once 25% of the dwellings are occupied.

Open Space: required to be 17m2 per unit. 0.12hectares of Open Space has been submitted for this site. Occupation of 25% or more of the dwellings is not permitted until the Open Space Unencumbered has been provided in accordance with the approval of the Open Space Works specification.

Surface Water Drainage System (SuDs): specification has to be submitted.

The Application and Section 106 Agreement can be viewed on the planning pages of the Borough Council of King's Lynn and West Norfolk's website or via our information pack available on request. 

More information from this agent

Listing History

Added on Rightmove:
01 December 2016

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