3 bedroom property with land for sale
Key information
Features and description
- Tenure: Freehold
- 5 Acre Residential Development Site
- Possibility of upto 60 dwellings
- Likely to be classified 'Grey Belt'
- Adjacent to Transport Infrastructure
- Edge of Village Location
- Excellent Access
- Exp: bk0513
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Wingfield and Mulben
Offers Invited in excess of £3,500,000
Freehold
Description
A significant residential development opportunity for circa 60 homes, in its current ownership for 25+ years and never previously advertised.
We are instructed to market this freehold FIVE acre land on the fringes of the village of Horndon-on-the-Hill, Thurrock.
The proposed site is formed from two HM Land Registry titles and lies just one mile from the Stanford le Hope A13 junction and two miles from the nearest rail station. It is situated within the Metropolitan Green Belt and has no planning history and is considered to be ‘Grey Belt’ by way of the new government’s definition as likely to be proposed in their forthcoming National Planning Policy Framework.
The current layout includes a chalet bungalow, a further detached house, two additional detached buildings plus sheds and outbuilding together with a sizeable area of hardstanding. Former uses have included light industrial and storage.
We anticipate that a scheme providing a total of c.60 new homes would be appropriate.
Our client is seeking not just the best consideration but also a deal constructed around 1) a price paid to them in the first instance plus a subsequent uplift based upon planning consent achieved, or 2) a conditional sale with a sizable upfront option fee or 3) a joint venture with a consideration paid upfront.
Only those with funds available and with the immediate intention and ability to proceed need enquire.
No planning consent exists on this site currently. A planning application would be the responsibility of the purchaser.
Viewings strictly by prior appointment. Site unoccupied.