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Key Features

  • Potential residential development plot
  • 1933 Sq meters
  • Main road frontage
  • Other uses considered
  • Offered as a whole

About this property

LOCATION The Land fronts Salters Lane as shown in the plans attached.

DESCRIPTION The land is a regular shaped level site currently used as a motor repair workshop and is fenced on all sides with two double gate accesses off Salters Lane.

The Title No is DU115701

PLANNING HISTORY The site was previously granted planning consent for 8 residential units by Durham County Council under reference 7/2007/0724/DM dated 2 April 2008

DEVELOPMENT PROPOSAL We consider the site is suitable for subdivision into 3 self-build plots for homeowners to develop bespoke homes, each with a separate access from Salters Lane.

However the owner is open to consider any alternate use, subject to planning consent.

Purchasers should satisfy themselves on all matters relating to planning.

TENURE Long leasehold

ACCESS The site has main road frontage. Purchasers should satisfy themselves as to highways approval.

SERVICES We understand that the main foul sewer lies to the east of the Site and that electricity, gas and water are all on Salters Lane. It is up to purchasers to satisfy themselves re the capacity and location of such services.

PRICE Offers over £200,000 for the whole as one Lot.


OFFERS To be made in writing to YoungsRPS together with an indication of source of funding and name of solicitor.

Location

Stamp duty

Based on a sale price of £200,000 the total amount of stamp duty payable will be:

Last updated: The calculators have been updated following the end of the stamp duty holiday on 30th June 2021. Until the end of September 2021, it represents a staggered return to previous rates.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.