Lower Portway Farm

Sedgeberrow, Evesham, Worcestershire, WR11 7UB

Guide Price

£550,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Jan 2023
  • Removed: Date Not Available
  • 0.66 acres

Residential Tags: N/A

Property Tags: Class Q, Development Potential, Section 106

Land Tags: Building Plot

Summary Details

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  • First Marketed: Jan 2023
  • Removed: Date Not Available
  • Residential Tags: N/A
  • Property Tags: Class Q, Development Potential, Section 106
  • Land Tags: Building Plot
Lower Portway Farm, Sedgeberrow - Full Planning Permission, for erection of 4 new residential dwellings, laid out in a traditional farmyard setting.

Location
Lower Portway Farm is located in the heart of the beautiful Village of Sedgeberrow, South Worcestershire, close to the Gloucestershire border and Cotswolds area of outstanding natural beauty.

This is an exciting opportunity to purchase a 0.66 acre plot with Full Planning Permission to demolish a range of ill framed agricultural buildings and erect new residential dwellings in a traditional barn style.

Sedgeberrow is an attractive Village approximately 4 miles South of Evesham and close to the attractive Villages of Broadway, Winchcombe and Elmley Castle on the eastern slope of Bredon Hill.
Sedgeberrow benefits from a range of local amenities, including the school rated Outstanding by Ofsted, a popular local pub and Indian restaurant, as well as a full arrange of services in the nearby Evesham and Tewkesbury.

Site Description
Lower Portway Farm is set within the heart of the Village, accessed via the Winchcombe Road, access is via a gravel agricultural track passed the beautiful well established orchard and backing on to open fields.

There are a range of agricultural building on site to be demolished and replaced with an attractive New Build Scheme. A range of footpaths nearby connecting to the rest of the Village and open Countryside beyond.

The site forms part of the Freehold Title WR189664.

Planning - The Site is situated within the Planning jurisdiction of Wychavon District Council. Full Planning Permission had previously been granted under Permitted Development Rights for Class Q conversions. I have arranged the barns on site, into up to 5 residential dwellings. This has subsequently been replaced by Full Planning Permission granted for the demolition of the agricultural buildings and the erection of 4 new dwellings. Planning Application reference 21/01183/FUL.

The Planning Permission is accompanied by a Section 106 Agreement, agreeing a financial contribution towards off site Affordable Housing Provision of £51,188.00 .

Full details of the Planning Permission, approved Plans and ports, alongside the Section 106 and other Planning Information can be found in the data room, accessed via contacting Lauren Fress[use Contact Agent Button]

Services - The services are understood to be available to the site and the necessary Rights and Easements will be granted within the Legal Contract Pack, which forms part of the Data Room.

Purchasers are to satisfy themselves that there is service connections, as we have not carried out any tests in this regard, prior to bidding.

Schedule Of Accomodation - The approved Schedule of Accommodation comprises of the following:

Plot: 1 Net Floor Area (sqft): 883 Form: End Terrace (Bungalow) Bedrooms: 2 Garage/Parking: 3 Bays Price: £345,000.00 £/SQFT:£390.71
Plot: 2 Net Floor Area (sqft):1,619 Form: Mid Terrace Bedrooms:3 Garage/Parking: 3 Bays Price: £575,000.00 £/SQFT:£355.16
Plot: 3* Net Floor Area (sqft):2,077 Form: End Terrace Bedrooms: 3 Garage/Parking: 3 Bays Price: £750,000.00 £/SQFT:£361.10
Plot: 4 Net Floor Area (sqft):2,024 Form: Detached Bedrooms: 3 Garage/Parking: 3 Bays Price: £785,000.00 £/SQFT:£387.85
Plot: 3 Extended Net Floor Area (sqft):2,400 Form: End Terrace Bedrooms: 4 Garage/Parking: 3 Bays Price: £840,000.00 £/SQFT:£3350.00
Total Net Floor Area (sqft): 6,603 Price:£2,455,000.00 £/SQFT:£373.70

Having undertaken a detailed assessment of the gross development value, we are of the opinion that the complete development should sell for, in the order of £2,245,000.00, in the current prevailing market conditions. Full details of the Schedule of Accommodation and comparable evidence breakdown is included within the Data Room.

Community Infrastructure Levy - It is understood that CIL is not payable on this development.

Vat - VAT will not be chargeable on the sales price.

Legal Costs - Each party will be responsible for their own legal costs incurred in this transaction.

Terms - The site is being offered for sale by informal tender, with unconditional offers invited only. Offers are to be submitted in writing [use Contact Agent Button]

Guide Price - The Guide Price for offers is £550,000.00. Completion is to take place prior to the 31st of March 2023.

Viewing And Further Information - This can be arranged via prior appointment only by contacting the Sales Agent.

A full Data Pack has been prepared, including all Planning information and technical, legal and sales information and can be requested by contacting [use Contact Agent Button]



Marketed by: Sheldon Bosley Knight, Stratford Upon Avon

Land Registry Data

  • No historical data found.
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