Residential Development Land, Skegness Road, Hogsthorpe

£550,000
For Sale
1/8
£550,000
For Sale
Lewis Brooks
MNAEA
Director of Residential Estate Agency and New Homes
01205 359111
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Property summary

Freehold
9 x Detached Building Plots
Low density with Gated Entrance
1,075m2 (11,567 sqft) Total Dwellings GIA
0.44ha (1.10 acres) or thereabouts
Access onto the A52
Full Planning Permission Granted.
Edge of village location
Reserved Matters Approved - Shovel Ready
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Lewis Brooks
MNAEA
Director of Residential Estate Agency and New Homes
01205 359111

More about the property

The opportunity to acquire a spacious residential development for 9 x new build, detached market houses (no affordable units) on the edge of the village of Hogsthorpe. Base coat of Tarmac is laid, the road now only requires finishing layer and services are installed.

The development site extends to 0.44ha (1.10 ac) and has been granted full planning permission for 10 x dwellings with reserved matters approved.

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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Property documents

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Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 20 Mbps / Upload: 1 Mbps or less
Superfast: Not Available
Ultrafast: Not Available

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£17500 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

Accommodation

Situation & Location
The site is located directly off Skegness Road (A52) on the outskirts of the small village of Hogsthorpe.


The development site is approximately 1.7 miles west of the village of Chapel St Leonards, 6.4 miles north of the popular seaside town of Skegness and 7.4 miles Southeast of the market town of Alford.


Alford and Skegness both have a wide range of local facilities including schooling, heath care providers, food and retail shops, eateries and leisure amenities.


Services
Single and 3 phase electricity is laid on to each plot.
Water is connected to each plot with a 32mm pipe
Foul – Each plot will need its own bio plant.
Fibre cables are laid to each site.
Reserved Matters & Full Planning Permission
Planning permission was granted on the site in September 2015 for the erection of 10 residential dwellings, under reference N/084/00876/15.
https://publicaccess.e-lindsey.gov.uk/online-applications/applicationDetails.do?activeTab=summary&keyVal=_EASTL_DCAPR_118140
The vendor is retaining plot 5, it is therefore being excluded from the sale of the site.
The following further applications and condition discharges have also been completed.




Reference Proposal Related Plots Decision Date

N/084/00625/16 Application to remove condition no. 12 (affordable housing) All 26/05/2016

N/084/00100/17 Detailed Particulars relating to the layout of roads and boundaries of the plots All 28/04/2017

N/084/00242/17

Application to vary condition no. 1. (standard time condition), and 2. (Appearance, landscaping, layout and scale

condition)

All 27/04/2017

N/084/00438/19 Detailed Particulars relating to the erection of 2 no. pairs of semidetached houses one pair each with a detached

garage, 1no. detached house with an integral garage, 5no. detached houses each with a detached garage

All 15/07/2019

N/084/00126/23 Planning Permission - Erection of 4no. dwellings. 1, 2, 7 & 8 11/04/2023

N/084/01388/23 Nonmaterial amendment to that previously approved under Planning Permission ref no. N/084/00126/23 1, 2, 7 & 8 02/08/2023

N/084/01389/23 Nonmaterial amendment to that previously approved under Planning Permission ref no. N/084/00242/17 All 05/08/2023

N/084/02040/23

Section 73 application to vary condition no. 2 (approved plans) as previously imposed on planning permission

reference N/084/00126/23 for the erection of 4no. dwellings 1, 2, 7 & 8 11/03/2024

N/084/02204/23

Section 73 application to vary condition no. 1 (approved plans) as imposed on reserved matters approval

N/084/00438/19 for the erection of 10 no. houses.

Entrance Roadway
The vendor has laid the tarmac private drive off the Skegness Road (A52), to an adoptable standard with kerbs and drainage installed. The roadway will not be adopted by the Highways agency and will remain a private road. The vendor will maintain an unencumbered right of way over the roadway for all purposes and at all times access to the retained dwelling and plot 5.
Ransom Strip
The vendor will retain a 1m ransom strip along the northern boundary.
Method of sale
The freehold title to the land is being offered for sale by private treaty.  Depending on levels of interest, the vendors and their agent reserve the right to invite best and final offers.
Wayleave, Easements & Rights of Way
The land is sold subject to and with the benefit of all existing rights including Rights of Way either public or private, Light Support, Drainage, Water and Electricity supplies and all other rights, easements, quasi agreements, and all wayleaves, whether referred to are not in these particulars.
Boundaries
The successful purchaser will be deemed to have full knowledge of all boundaries and neither the vendor nor their agents will be responsible for finding the boundaries for the ownership thereof.
Plans & Areas
The areas and plans attached to these particulars have been provided in good faith. They are for illustrative purposes only and their accuracy is not guaranteed.
Local Authority
East Lindsey District Council
Tedder Hall, Manby Park, Louth, Lincolnshire, LN11 8UP
www.e-lindsey.gov.uk/
Unassigned
We ask you to be as vigilant as possible when making an inspection for your
own safety. Those wishing to view the property do so at their own risk.
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