Lot 30 - Land lying to the East of Granville Crescent, Forest Hall, Newcastle upon Tyne, Tyne and Wear, NE12 9JU
- Unconditional Online Auction Sale
- Guide Price* : £235,000
0.49ac. Development Site with Consent for 3no. Executive Detached Homes
Description
- 0.49-acre greenfield development site in an attractive residential setting
- Planning consent for 3 executive detached homes, comprising 4 and 5 bed properties
- Revised consent for 2.5-storey designs to the 2x 5 bed dwellings
- Mature trees and established hedgerows provide privacy and screening
- Access available via Granville Crescent and through West Croft
- Excellent opportunity for developers, housebuilders and investors
A rare opportunity to acquire a greenfield development site extending to approximately 0.49 acres (0.20 hectares), situated within an established and highly attractive residential area.
The site is broadly triangular in shape and currently forms part of the garden associated with Haslam House, which bounds the site to the north west. The land is predominantly undeveloped and benefits from a particularly attractive setting, with mature trees and established hedgerows providing a significant degree of screening from surrounding residential properties and the adjoining railway line. To the south east, the site is bounded by the railway line, whilst established residential housing lies to the south west.
Access to the site is available from Granville Crescent and via West Croft to the north, providing the potential for convenient access to the proposed development.
The site benefits from Reserved Matters planning consent for the development of three executive detached dwellings, granted in August 2023 under planning application reference 23/00102/REM.
The approved scheme provides for the construction of:
- 1 x four-bedroom detached dwelling
- 2 x five-bedroom detached dwellings
- All properties approved as two-storey executive homes.
In May 2024, the vendor subsequently submitted a revised planning application seeking to vary the two five-bedroom house types to provide 2.5-storey dwellings, under planning application reference 24/00633/FUL, which was permitted. The seller has advised that building consent plans and fees were submitted to the local authority, so that work began on the site prior to the planning expiration date.
Interested parties are advised to make their own enquiries with the relevant Local Planning Authority in respect of the planning history, existing consents and any proposed amendments, and should satisfy themselves as to the suitability of the site for their intended use.
The site occupies an attractive position within an established residential area, surrounded by a mix of traditional period properties, mature residential streets and more recently constructed homes. The immediate surroundings are predominantly residential in character, with a number of sought-after properties positioned along tree-lined streets.
The site is located close to the local amenities and services provided within the surrounding area, whilst the wider road network provides convenient connections to nearby towns and employment centres. The combination of an established residential setting, existing housing demand and accessibility makes the location well suited to the development of high-quality family homes.
The proposed dwellings would benefit from being positioned within an established neighbourhood whilst offering a degree of privacy and separation from neighbouring properties through the site's existing mature landscaping. The site is considered particularly suited to small-scale residential developers, housebuilders and investors seeking a consented development opportunity within an established residential location.
ADDITIONAL TERMS
1. This lot is for sale subject to unconditional auction terms.
2. If the reserve price is met or exceeded, contracts will exchange with immediate effect upon the close of the auction.
3. Following exchange of contracts, parties have 28 days in which to complete the purchase (unless specified otherwise in the special conditions).
4. A non-refundable deposit of 5% is payable within 1 hour of the auction closing.
5. The winning bidder is to make payment to the auctioneer a reservation fee of 6% including VAT subject to a minimum of £6,000 including VAT. The reservation fee is payable in addition to the purchase price and is payable within 1 hour of the auction closing.
6. An administration charge of £714 including VAT is payable by the successful buyer within 1 hour of the auction closing.
7. A legal pack has been provided by the seller’s solicitor and is available to download. We strongly recommend reviewing this thoroughly and discussing any queries with your solicitor prior to bidding.
8. I acknowledge that the seller may accept my bid at any time prior to the scheduled auction end date.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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