Size
Site Area: 0.77 acres/0.31 hectaresProperty Description
Brook Farm comprises a level rectangular site extending to 0.77 acres or thereabouts. The site itself clearly has significant residential development potential with a number of nearby dwellings having being sold for around £1,000,000. The site benefits from frontage onto both Somme Road and Memorial Road and is in our opinion a much sought after opportunity, forming an obvious infill development site. As such we anticipate a high level of demand from developers on both a unconditional and subject to planning basis. Location Brook Farm is situated on the corner of Somme Road and Memorial Road approximately 3 miles due north of Derby Centre. Somme Road is a prime residential area which is home to a number of individual high value residences with Miller Homes developing the Kedleston Grange site on adjacent land. As such the site is situated in an area where there is significant demand for residential dwellings, on the north western edge of Derby City close to open countryside including Kedleston Hall which is owned by the National Trust. Derby is a major commercial centre within the East Midlands region, situated approximately eight miles to the west of junction 25 of the M1 motorway and 40 miles north east of the city of Birmingham. The city has a resident population of approximately 250,000 and traditionally draws upon a stable industrial employment base, having longstanding historical connections with the railway industry and Rolls-Royce Engineering. Plannin
Planning and Development information:
No formal planning enquires have been made. Local Planning Authority: Derby City Council, Council House, Corporation Street, Derby, DE1 2FS www.derby.gov.uk Any plans and boundaries indicated in these details are for reference only. They are believed to be correct though accuracy is not guaranteed. Neither the vendor nor the vendors agent will be responsible for defining the boundaries or ownership thereof. The site is sold subject to all rights of way and easements etc whether or not they are defined in this brochure.Terms
- For Sale: £550,000 equating to £714,286 per acre
- Prices are subject to VAT unless otherwise stated
- Sale is subject to contract