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10 Fennel Close - Land at Plover Road 9.28 Acres of Residential Land Offered at $9,894,369 in Sheerness ME12 3FR
Investment Highlights
- Large plot of undeveloped land
- Prominent location
- Consented Development Opportunity
- Outline planning consent to create 120 dwellings
Executive Summary
A 9.28-acre site with outline planning consent to create 120 new dwellings across two applications.
The scheme proposes a mix of 2, 3 and 4-bedroom homes, with a total proposed GIA of approx. 11,357 sqm (122,252 sqft) and 269 parking spaces.
Phase 1: 95 dwellings
Phase 2 : 25 dwellings
Total : 120 new homes across both applications
It is our understanding that the planning consents have been implemented.
Offers will be considered for the site as a whole, or for either of the phases independently.
• Entire freehold : £7,250,000
• Land with outline planning consent for 95 dwellings : £6,000,000
• Land with outline planning consent for 25 dwellings : £1,250,000
The scheme proposes a mix of 2, 3 and 4-bedroom homes, with a total proposed GIA of approx. 11,357 sqm (122,252 sqft) and 269 parking spaces.
Phase 1: 95 dwellings
Phase 2 : 25 dwellings
Total : 120 new homes across both applications
It is our understanding that the planning consents have been implemented.
Offers will be considered for the site as a whole, or for either of the phases independently.
• Entire freehold : £7,250,000
• Land with outline planning consent for 95 dwellings : £6,000,000
• Land with outline planning consent for 25 dwellings : £1,250,000
Property Facts
| Price | $9,894,369 | No. Lots | 1 |
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Redevelopment Project | Property Subtype | Residential |
| Tenure | Freehold | Total Lot Size | 9.28 AC |
| Price | $9,894,369 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 9.28 AC |
1 Lot Available
Lot
| Price | $9,894,369 | Lot Size | 9.28 AC |
| Price Per AC | $1,066,203.59 |
| Price | $9,894,369 |
| Price Per AC | $1,066,203.59 |
| Lot Size | 9.28 AC |
The property is comprised of a plot of land which measures 9.28 acres, with a consented development opportunity to create 120 dwellings with a approximate total GIA of 122,252 sqft.
Description
The property is located in an area which is primary comprised of residential development with a range of local amenities in close proximity. The site is undeveloped/raw land and has consent approved for a proposed residential development of 120 dwellings.
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Contacts
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Matt Glazer -
Dean Leslie -
Reuben Barnard -
Marcus Godfrey -
Sam Bacon -
Olivier Worrall -
GLPG Ltd
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10 Fennel Close - Land at Plover Road
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