Land & development · Land · Freehold

A Substantial Plot of Land Measuring Approximately 0.95 Acres / 3,845 sq m (41,387 sq ft). Offered With Planning Permission for the Erection of Thirteen Residential Dwellings. Works have Commenced

Land to the East of Arthur Street, Crook, County Durham, DL15 9DU

Property type
Land
Tenure
Freehold

A freehold plot of land measuring approximately 0.95 acres (3,845 sq m) offered with planning permission for the erection of thirteen residential dwellings. Works have commenced on the site.

Planning permission for 13 dwellings Works commenced 0.95 acres Freehold No social housing requirement

Full description

A substantial freehold plot of land measuring approximately 0.95 acres, 3,845 sq m (41,387 sq ft), situated on a residential road to the east of Arthur Street, Crook, County Durham. The site is offered with planning permission for the erection of thirteen residential dwellings, and works have commenced. The land is located close to local shops and amenities, with the open spaces of Foundry Park within easy reach. Transport links are provided by Bishop Auckland rail station and Crook bus station. Planning permissions have been granted by Durham City Borough Council: reference 3/2005/0702 (26th September 2005) for residential development to provide 9 houses with integral garages; reference DM/14/03786/VOC (10th February 2015) for variation of condition 2 to allow amended site layout; and reference DM/14/03115/FPA (16th October 2015) for four dwellings. The seller has advised that all 13 houses are private, with no social housing. There are no outstanding CIL or S.106 payments. The site area depicted within the plan in the auction particulars is for indicative purposes only, and any measurements stated may not be exact. Buyers should rely on their own enquiries regarding precise measurements and any consents or rights over the land.

Site plan

Site plan for A Substantial Plot of Land Measuring Approximately 0.95 Acres / 3,845 sq m (41,387 sq ft). Offered With Planning Permission for the Erection of Thirteen Residential Dwellings. Works have Commenced

Financial Tools

Your estimated monthly payment
£667.00/mo
Deposit £40,000 (25%) Loan £120,000 Interest £80,100
Total cost £200,100 Total interest £80,100
Property price£160,000
Deposit25%
£40,000
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

Location

Land to the East of Arthur Street, Crook, County Durham, DL15 9DU
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