House For Sale Coggeshall Road, Colchester, CO5
£150,000
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Last Updated: 18th April 2024
Description
The paddock has a frontage of 157 feet long to the private lane and a maximum depth of 328 feet, the paddock has substantial residential homes on three sides and agricultural farmland to the rear. (The vendor owns the freehold to the drive with two neighbouring properties having right of way over)\r
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We understand that in recent times two Planning Applications have been made to Braintree Council for a single dwelling this was refused & the applicant Appeal to the Department of Environment the Inspector rejected the Appeal. A further Planning Application was submitted for two houses & Braintree Council refused the application (Reference 21/02729/Ful) this was refused May 2022.\r
We believe that the paddock has the potential for Leisure use & other commercial operators subject to obtaining the necessary consents from Braintree Planning Department, we would recommend all interested parties make their own enquiries through the irrelevant authorities.\r
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Price:\r
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The Freehold interest is offered For Sale by private treaty inviting offers in excess of £250,000, subject to contract.\r
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Overage:\r
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The property is sold subject to an Overage Clause whereby the vendors will be entitled to 20% of any uplift in value which is obtained by the grant of Planning Permission, for a term of 20 years post the completion date.\r
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Vat:\r
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Awaiting confirmation.
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We understand that in recent times two Planning Applications have been made to Braintree Council for a single dwelling this was refused & the applicant Appeal to the Department of Environment the Inspector rejected the Appeal. A further Planning Application was submitted for two houses & Braintree Council refused the application (Reference 21/02729/Ful) this was refused May 2022.\r
We believe that the paddock has the potential for Leisure use & other commercial operators subject to obtaining the necessary consents from Braintree Planning Department, we would recommend all interested parties make their own enquiries through the irrelevant authorities.\r
\r
Price:\r
\r
The Freehold interest is offered For Sale by private treaty inviting offers in excess of £250,000, subject to contract.\r
\r
Overage:\r
\r
The property is sold subject to an Overage Clause whereby the vendors will be entitled to 20% of any uplift in value which is obtained by the grant of Planning Permission, for a term of 20 years post the completion date.\r
\r
Vat:\r
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Awaiting confirmation.
Agent Details
Halls Properties
47 Church Street, Great Baddow, Chelmsford, CM2 7JA
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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.