Lamb & Co (Scott Sheen and Partners)
Tel: 01255 422240
Fax: 01255 428943
Unit 2, Crusader Business Park
Stephenson Road West
Clacton On Sea
Essex
CO15 4TN
Oakmead Road, Point Clear, St Osyth
Price £400,000
Land - Building Plot
- Development Site
- Full Planning Permission
- S106 Contributions Paid
- Approx. 2.9 Acres
- 4x Detached Houses
- GDV - £2.2m
- Point Clear
- Distant Creek Views
- Additional Land Available By Separate Negotiation
A rare opportunity to acquire this development site of approximately 2.9 acres located in the village of Point Clear and benefiting from views toward Brightlingsea Creek. The site benefits from extant planning permission for four detached houses on part of the site. We anticipate a GDV in the region of £2.2m.
THE SITE
A site of approximately 2.9 acres mainly laid to grass and enclosed by hedgerow to front. Title number: EX141816
PLANNING
Planning was originally obtained under reference 19/00610/FUL. An application to vary the design was later approved under 22/01483/VOC. We have received confirmation from Tendring District Council that the development commenced in 2023 and the permission is extant.
A copy of plans and associated documents can be made available upon request.
THE SCHEME
A development of 4x five bedroom detached houses with garages, served by a new private road. We anticipate finished units to achieve in the region of £550,000 each giving a projected GDV of £2.2m.
S106
The required contributions under the Unilateral Undertaking of £11,714.66 have been paid.
SERVICES
There are currently no services connected to the site but we understand electricity, water and mains drainage are available in Oakmead Road.
ADDITIONAL LAND
Additional land can be purchased by separate negotiation. Field - approx. 6.7 acres. Field 2 - approx. 10.05 acres.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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