Development land with Planning Permission for 7 three bedroom houses in a delightful village setting

An exciting development opportunity to acquire building plots for 2 detached, a pair of semis and a terrace of 3 well-proportioned dwellings. Thorndon is an attractive small North Suffolk village with a population of less than a thousand and well served by a church, primary school, public house and community shop. The larger town of Eye with a broader range of amenities is just 3 miles away and the South Norfolk town of Diss is some 10 miles distant and benefits from a mainline rail station with a travelling time of around an hour and a half to London Liverpool Street Station. Planning Permission under application no. 3701/15 has been granted by Mid Suffolk District Council and each of the new dwellings will provide spacious 3 bedroom accommodation of between 990 sq ft & 1044 sq ft along with 2 allocated parking spaces.

Tenure

Freehold

The Section 106 has been agreed and a sum of just under £8400 per unit will become payable upon completion of the purchase and held in an Escrow account by the Vendor’s solicitor, no CIL (Community Infrastructure Levy) payment will be due. Please also be advised that the residential conversion of the adjacent Kerrison Centre is due to commence in August this year. With strong residual values, we believe this to be a most attractive development proposition.

Note

In accordance with the Estate Agents Act 1979, we are obliged to declare that the sellers of this property are 'connected persons'.

Viewing

Any reasonable time at own risk

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Mid Suffolk District Council. Tel: 01449 724500

Solicitors

Hayward Moon Property Lawyers, Chestnut Court, Wingfield Street, Ipswich, Suffolk IP4 1AR, Ref: Mark Hayward, Tel: (01473) 234730

Additional Fees

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.