Development Opportunity at The Street

Horham, Eye, Suffolk, IP21 5DX

Guide Price

£300,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Feb 2022
  • Removed: Date Not Available
  • 0.49 acres

Residential Tags: N/A

Property Tags: Development Potential

Land Tags: Building Plot, Overage / Clawback, Pasture Land

Summary Details

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  • First Marketed: Feb 2022
  • Removed: Date Not Available
  • Residential Tags: N/A
  • Property Tags: Development Potential
  • Land Tags: Building Plot, Overage / Clawback, Pasture Land
SUMMARY Outline planning permission granted for two 4 bedroom detached dwellings with integrated double garages, GIA approximately 1,604 ft2 each. The site area is approximately 0.49 acres (subject to survey). The site is located off The Street in the popular village of Horham. 

THE PROPERTY Development site with outline planning permission granted for two 4 bedroom detached dwellings with integrated double garages. The approved dwellings have an approximate Gross Internal Area (GIA) of 149 m2 (1,604 ft2) each. The total site area is approximately 0.49 acres (subject to survey). The development site is located on the western side of Horham off The Street. 

THE SITE The site comprises of two plots with a shared site access directly onto The Street. The site is relatively flat, currently pasture land with a Leylandii hedge on the north and west boundary. To the north and west of the site there is agricultural land. To the east and south there are existing residential dwellings. 

PLANNING PERMISSION Outline Planning permission was granted at appeal on the 5th December 2019 (Appeal reference: APP/W3520/W/19/3230783). The appeal was granted in accordance with documents submitted under application reference: DC/18/04801. These documents can be viewed online via the Babergh and Mid Suffolk Council search. Condition 5 (Junction and Site Lines) has been partially discharged under application reference: DC/21/06166. Off-site highway works to adjust the kerbline and reduce the size of the island will be required, please see Proposed Access Plan available on the planning portal website. It is understood the Buyer will need to apply for a Minor Works Licence before works commence.  

SERVICES No detailed investigation has been made into the provision of services. Any prospective purchasers must rely on their own enquiries in this regard. 

CIL The Buyer will be responsible for CIL (Community Infrastructure Levy).  

OVERAGE The Property will be subject to Overage. If the Buyer or subsequent owners obtain planning permission for additional residential units during the next 25 years 50% of the uplift in value will be payable to the Seller. Overage will also become due if the Buyer or subsequent owners permit access through the property to or from adjoining land. The Overage will be a fixed sum of £150,000 index linked. 

LOCAL AUTHORITY Babergh and Mid Suffolk Councils, Endeavour House, 8 Russell Road, Ipswich IP1 2BX. 

LOCATION The site is located to the north of The Street, Horham on the western side of the village. Horham benefits from a post office/grocery store, village hall and church. For a wider range of amenities there are a number of nearby market towns, the closest being Eye (approx. 4.8 miles). Diss (approx. 10.5 miles) and Stowmarket (approx. 18.8 miles). Diss and Stowmarket both have mainline rail links to London Liverpool Street. 

DIRECTIONS Exiting the A14 at junction 51, head north on the A140 towards Diss. After 11.4 miles turn right onto the B1117 (Yaxley Road) towards Eye just before The Bull Auberge restaurant. Follow the road towards Eye for 2.1 miles. As you arrive into Eye at the junction turn right onto Lowgate Street and then after a short distance turn left onto Castle Street (B1117). Continue on the B1117 out of Eye for 4.9 miles. As you arrive into Horham the development site is located on the left. 

Viewing / Further information To arrange a viewing or for further information please see attached property particulars.

Marketed by: Lacy Scott & Knight, Bury St Edmunds

Land Registry Data

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