Development Opportunity at 3 Mortimer Lane
Freckenham, Bury St. Edmunds, Suffolk, IP28 8JD
Guide Price
£350,000
Residential Tags: N/A
Property Tags: Development Potential, Equestrian, Smallholding
Land Tags: Overage / Clawback, Paddock, Pasture Land
Summary Details
- First Marketed: Feb 2023
- Removed: Mar 2023
- Residential Tags: N/A
- Property Tags: Development Potential, Equestrian, Smallholding
- Land Tags: Overage / Clawback, Paddock, Pasture Land
A UNIQUE REDEVELOPMENT OPPORTUNITY WITH POTENTIAL FOR A REPLACEMENT DWELLING (STP) WITH LAND FOR A PADDOCK. 1.17 ACRES IN TOTAL.
THE PROPERTY
The sale provides a unique opportunity to acquire a property extending to 1.17 acres comprising a bungalow (in need of comprehensive refurbishment) and a large outbuilding / barn together with grazing land suitable for a paddock, adjoining a small stream.
The bungalow extends to 941 sq ft and is believed to have been converted from a former First World War military building in the 1950’s. Built of pebble dash elevations under a tiled roof and double glazing throughout.
Within the wider garden area, there is a barn / outbuilding extending to 766 sq ft. with open and enclosed storage areas.
The property is approached through a metal five bar gate with an extensive garden area and parking, beyond which informal grazing land (currently with a part open boundary) could easily be enclosed to form an attractive paddock.
Planning consent for a replacement dwelling has not been formally investigated but a carefully prepared application in line with current planning policies is likely to be received positively by the planning authorities. Prospective buyers should make their own enquiries with West Suffolk Council.
Alternatively, the property could be used for equestrian purposes, or as a small holding / market garden, subject to any necessary consents.
AGENTS NOTE: The area of the property hatched in orange on the site plan is sold subject to a reservation of 50% of the net uplift in value in the event of residential development for a period of 20 years in favour of the current vendors.
LOCATION
Approximately six miles north-east of Newmarket on the Cambridgeshire/Suffolk border, 3 Mortimer Lane is situated on the outskirts of the unspoilt village of Freckenham. Largely surrounded by farmland, the village has a public house, village hall and church. Chippenham Fen, a national nature reserve and the popular La Hogue Farm Shop and Café are located just outside the neighbouring village of Chippenham. The nearby towns of Newmarket, Ely and Bury St Edmunds offer a wide range of local facilities including shopping, hotels, restaurants, schools and leisure facilities, with health clubs, swimming pools and golf clubs. Cambridge is approximately eighteen miles away and has excellent schools, shopping and other facilities. There is easy access to the A14, A11 and M11 and via these to the national road network. There is a branch line connection from Newmarket to Cambridge and Ipswich. Cambridge, Ely, Audley End and Whittlesford offer direct rail lines into London, with the fastest trains taking under one hour. Stansted International Airport is approximately an hour’s drive.
Marketed by: Jackson-Stops, Newmarket
THE PROPERTY
The sale provides a unique opportunity to acquire a property extending to 1.17 acres comprising a bungalow (in need of comprehensive refurbishment) and a large outbuilding / barn together with grazing land suitable for a paddock, adjoining a small stream.
The bungalow extends to 941 sq ft and is believed to have been converted from a former First World War military building in the 1950’s. Built of pebble dash elevations under a tiled roof and double glazing throughout.
Within the wider garden area, there is a barn / outbuilding extending to 766 sq ft. with open and enclosed storage areas.
The property is approached through a metal five bar gate with an extensive garden area and parking, beyond which informal grazing land (currently with a part open boundary) could easily be enclosed to form an attractive paddock.
Planning consent for a replacement dwelling has not been formally investigated but a carefully prepared application in line with current planning policies is likely to be received positively by the planning authorities. Prospective buyers should make their own enquiries with West Suffolk Council.
Alternatively, the property could be used for equestrian purposes, or as a small holding / market garden, subject to any necessary consents.
AGENTS NOTE: The area of the property hatched in orange on the site plan is sold subject to a reservation of 50% of the net uplift in value in the event of residential development for a period of 20 years in favour of the current vendors.
LOCATION
Approximately six miles north-east of Newmarket on the Cambridgeshire/Suffolk border, 3 Mortimer Lane is situated on the outskirts of the unspoilt village of Freckenham. Largely surrounded by farmland, the village has a public house, village hall and church. Chippenham Fen, a national nature reserve and the popular La Hogue Farm Shop and Café are located just outside the neighbouring village of Chippenham. The nearby towns of Newmarket, Ely and Bury St Edmunds offer a wide range of local facilities including shopping, hotels, restaurants, schools and leisure facilities, with health clubs, swimming pools and golf clubs. Cambridge is approximately eighteen miles away and has excellent schools, shopping and other facilities. There is easy access to the A14, A11 and M11 and via these to the national road network. There is a branch line connection from Newmarket to Cambridge and Ipswich. Cambridge, Ely, Audley End and Whittlesford offer direct rail lines into London, with the fastest trains taking under one hour. Stansted International Airport is approximately an hour’s drive.
Marketed by: Jackson-Stops, Newmarket
Land Registry Data
- No historical data found.