Available
Braintree – Land with Planning for 4 Flats
Land at Pound End Mill, South Street, Braintree, Essex CM7 1ESFreehold Land with Residential Development Opportunity
Price
£225,000
Rent P.A.
Vacant
Tenure
Freehold
Area
3,336 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises vacant plot of land, currently used as an open car park
- Total site area 310 sq m (3,336 sq ft)
- Planning approved for erection of residential block of 4 x 1-Bed Flats
- Total approved GIA: 200 sq m (2,152 sq ft)
- Two of the flats would benefit from private gardens, while the other two would have a larger shared garden
- Situated within 5 minute walk from Braintree Train Station and High Street.
Key Features
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
Comprises vacant plot of land, currently used as an open car park with a total site area of 310 sq m (3,336 sq ft).
Development Opportunity.
Planning approved in October 2023 for erection of residential block, consisting of 4 x 1-Bedroom Flats, with associated gardens at rear, providing the following accommodation and dimensions:
Ground Floor:
Flat A: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, private garden
Flat B: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, private garden
First Floor:
Flat C: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, shared garden
Flat D: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, shared garden
Total approved GIA: 200 sq m (2,152 sq ft)
Development Opportunity.
Planning approved in October 2023 for erection of residential block, consisting of 4 x 1-Bedroom Flats, with associated gardens at rear, providing the following accommodation and dimensions:
Ground Floor:
Flat A: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, private garden
Flat B: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, private garden
First Floor:
Flat C: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, shared garden
Flat D: 50 sq m (538 sq ft)
Open plan kitchen/living room, 1 bedroom, bathroom, shared garden
Total approved GIA: 200 sq m (2,152 sq ft)
Location Description
Braintree is a town in Essex, England. The principal settlement of Braintree District, it is located 10 miles (16 kilometres) northeast of Chelmsford and 15 mi (24 km) west of Colchester. The town is bypassed by the modern-day A120 and A131 roads, while trains serve two stations in the town, at the end of the Braintree Branch Line. The property is conveniently located within 5 minute walk to Braintree Train Station and 5 minute walk to the High Street which occupies retailers such as Post Office, Tesco, Costa, Halifax, Natwest and many more.
