Strategic Development Land
By Grier & Partners
£ 2,000,000
Grier & Partners says ..
<strong></strong> <strong></strong> We are delighted to offer for sale this exciting Strategic Development Opportunity extending to approx.7.2 acres (sts) situated in Back Lane, Washbrook, Ipswich, for which we are instructed by our clients to seek a purchaser prior to planning consent being obtained. <br /><br /><strong>THE</strong> <strong>OPPORTUNITY</strong> <strong></strong> This significant site, extending to approx.7.2 acres (sts) comprises the northern part of a larger overall parcel of land situated between Back Lane to the west and Old London Road to the east, which in total extends to approximately 32 acres (13.2ha). The other 2 co-joined areas are separately owned. It offers an exceptional longer term opportunity to participate in the potential redevelopment of this important location in the village, subject to planning approval. <br /><br /><strong>VIEWINGS</strong> <strong></strong> Strictly by arrangement with the Vendor's Sole Agents, Grier + Partners on <br /><br /><strong>PLANNING</strong> <strong>BACKGROUND</strong> <strong>&</strong> <strong>DRAFT</strong> <strong>NEIGHBOURHOOD</strong> <strong>PLAN</strong> <strong></strong> We understand our clients have carried out significant investigations independently with Babergh DC in respect of the development potential for their own land parcel as a standalone site which benefits from independent access off Back Lane.<br /><br />Our clients' site has also been allocated in the local draft of the emerging Neighbourhood Plan, although this has yet to be formally adopted by Babergh District Council (BDC). It is understood BDC planning seem supportive as well of that of the parish council / neighbourhood development team as indicated in the local draft. We would ask interested parties to satisfy themselves on this point. <br /><br />The Copdock and Washbrook Draft Neighbourhood Plan can be viewed online at : <br /><br /><strong> </strong> <strong></strong> We understand there is a consensus that a 'whole scheme' approach together with the adjoining landowners would be an appropriate way to bring this proposed development forward. This could provide the opportunity to design a consistent and appropriate mix of housing units, with economies of scale in providing infrastructure such as roads, utilities, open space and drainage solutions across the whole of the scheme, in a planned and sustainable manner, and with equitable financial benefits to all concerned. <br /><br />While we understand our clients are not officially joined in a collaboration agreement with the other landowners, they do continue to work 'collaboratively' in an informal manner regarding planning matters with the aim to reach a successful outcome. <br /><br /><strong>COPDOCK</strong> <strong>AND</strong> <strong>WASHBROOK</strong> <strong></strong> is situated to the south of Ipswich with the benefit of a vibrant community including a pub, church, village hall, cricket club and primary school and falls in the catchment for East Bergholt High School. Nearby CAPEL ST MARY has a good range of local facilities including several village shops, a well regarded primary school, several churches, GP surgery and dentist. The site is situated within easy of Copdock Interchange with it's superstore, retail park, Park and Ride and Suffolk One College. Ipswich has a wide range of facilities and amenities including a main line rail link to London's Liverpool Street Station. The beautiful Dedham Vale conservation area is within easy reach and Manningtree also provides mainline access to London. The nearby interchange provides easy to reach links via the A12 and A14 to the M25 and M11. Stansted is approximately an hour by car. <br /><br /><strong>MASTERPLAN</strong> <strong>SCHEME</strong> <strong></strong> <strong></strong> <br /><br /><strong>AECOM</strong> <strong></strong> were commissioned to put forward a proposed plan for the overall site (including the adjoining 2 owners' land) with a proposal for approx. 226 units in total (35% affordable) being put forward for inclusion.<br /><br />The Proposed Copdock and Washbrook Neighbourhood Plan provide a full transcript and details of the proposals, site layout, densities, allocation of open space, attenuation and highways access etc. <br /><br /><strong>Please</strong> <strong>refer</strong> <strong>to</strong> <strong>Pages</strong> <strong>23</strong> <strong>-</strong> <strong>34</strong> <strong></strong> <br /><br /><strong></strong> <strong> </strong> <strong></strong> This is only a guide and while there will be certain anomalies which will be of mutual benefit for each landowner to agree on, the report does indicate a strong preference for a positive planning outcome at some point in the future. <br /><br /><strong>HIGHWAYS</strong> <strong>ACCESS</strong> <strong></strong> We understand our clients have held a successful pre application that incorporates access off Back Lane, although both BDC, and particularly the parish, would rather see access to the 3 sites achieved off the Old London Road, former A12 - as proposed by AECOM. Our clients are mindful there is a mutual benefit to all landowners in collaborating to bring the scheme together in such a way to ensure maximum synergy and viability is created and the scheme delivered as proposed. <br /><br /><strong>PROPOSAL</strong> <strong></strong> Our clients have decided a major end user would be better placed to now take this exceptional opportunity forward to achieve a successful planning outcome at a future point and have therefore decided to sell their interest in the project. <br /><br />They have therefore provided a significant pre planning discount in the sale price in exchange for an unconditional sale from a buyer with the appropriate resources to pursue a successful planning outcome in the future. <br /><br /><strong>FURTHER</strong> <strong>INFORMATION</strong> <strong></strong> On request - Please contact John Radford for more information <br /><br /><strong>LAND</strong> <strong>AND</strong> <strong>NEW</strong> <strong>HOMES</strong> <strong></strong> We specialise in the identification, appraisal, acquisition, sales and marketing of residential and mixed use development sites of all sizes from unique single plots to multi unit new build schemes. <br /><br /><strong>LAND</strong> <strong></strong> We offer a personal and professional service to landowners who wish to realise the full potential of their land assets, whether garden plots surplus to requirements or larger land parcels suitable for development, expertly guiding owners through each step of the process from planning to sale in order to achieve the best financial outcome. <br /><br /><strong>NEW</strong> <strong>HOMES</strong> <strong></strong> Our builder and developer clients specialise in all sectors of the market, creating some of the finest new homes schemes in the area ranging from bespoke individual new homes designed in keeping with their location through to creating desirable communities of character that combine modern living with quality and attention to detail.
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Metrics Year-on-Year
- Average area value
- 269,990.00 £Increased by 14.67 %
- Average area rental value
- 888.00 £/moDecreased by 3.06 %
- Est rental Yield
- 3.95 %Decreased by 15.42 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Grier & Partners created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Copdock Primary School | Community School | Outstanding | 0.27 KM |
| The Bridge School | Academy Special Sponsor Led | 2.44 KM | |
| Catch 22 Include Primary School Suffolk | Other Independent School | Good | 2.48 KM |
| Belstead House Adult Education Centre | Miscellaneous | 2.50 KM | |
| One Sixth Form College | Academy 16-19 Converter | 2.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Charlotte's | £ 0 | 0 | 0.00 KM |
| Mill Lane | £ 0 | 0 | 0.00 KM |
| Pigeon's Lane | £ 0 | 0 | 0.00 KM |
| Church Lane | £ 550,000 | 0 | 0.00 KM |
| Spring Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ipswich | 7217 | IPS | 6.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Strategic Development Land | £ 2,000,000 | COMMERCIAL_BUY | Unknown | 0.00 KM |
| Fen Farm, Washbrook, Ipswich, Suffolk, IP8 3HE | £ 2,700,000 | COMMERCIAL_BUY | Unknown | 1.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| The Grindle | £ 265,000 | 0.00 KM |
| Highfield | £ 650,000 | 0.00 KM |
| Cherry Orchard | £ 175,000 | 0.00 KM |
| Stebbings | £ 550,000 | 0.00 KM |
| Chimneys | £ 499,000 | 0.00 KM |