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Colwell Road, Freshwater £1,200,000

  • Residential Development Site
  • Site Area 1.3 Hectares
  • Clean Open Site
  • Some Sea Views
  • Access to the Highway
  • Excellent Location
  • 2 miles to Yarmouth
  • Chain Free


A Prime Residential Development Site located in the popular west Wight end of the Island within a mile of Freshwater shops and amenities and 2 miles from the mainland ferry connection at Yarmouth. The site has outline planning permission for 20 homes under P/00109/16 dated 5th July 2016 with a section 106 agreement in place to include 7 affordable homes within the scheme. This is a rare opportunity for a developer to really make a statement in a housing scheme and put their own mark on the design and style of homes to be built in a reserved matters application. The location of the site will undoubtedly attract lots of interested purchasers for the new homes with the beautiful Colwell Bay being just a few minutes stroll away and the easy access to transport links from the entrance to the site. The planning provides for a mix of detached units mostly three and four bedrooms with houses and some bungalows. The site area is 1.3 hectares (3.21 acres) and currently has one dwelling on it and a timber garage/workshop the remaining land is laid to grass. The existing dwelling and garage would be demolished and the whole site used for the 20 new units. The layout plan for this permission is an indicative layout which could be altered if desired.

We would urge all interested parties to contact us for further information on tel: 01983 754455.
 


Colwell Road
Freshwater PO40 9SW
County: Isle of Wight
Sale Type: For Sale
Ref #: FW00000191

Description

This is a prime residential development site with outline permission. Details of the proposed site layout, scale and appearance of dwellings and landscaping are condition to be applied for as reserved matters. The site layout as part of the planning application is an indicative layout. The mix of units to be built is also indicated in the planning permission with guides as to the size and heights of units.

Location

The site is located in a prime position on the edge of the village yet less than a mile from the shops and amenities in Freshwater. It borders open fields on one side and has views across the sea to Hurst Castle from one side. it is also just a short stroll from the lovely Colwell Bay and approximately 2 miles from Yarmouth by car or bus. An ideal place for quality new homes to be built.

Planning

The site benefits from Outline Planning Permission P/00109/16 for:- 20 residential dwellings to include 7 affordable homes as part of a section 106 agreement. The section 106 agreement also commits the developer to the following payments:- 1. A rights of way payment to the Council of £10,000. This is not to do with any rights of way on the site just a general payment to the Council for Countryside / paths etc maintenance. 2. A payment of £172.00 x 19 units (as 1 is existing on site) = £3,268.00 3. Plus 7 units as affordable homes.

Mix of Units

The outline consent shows a mix of units as follows:- 5 x 4 Bedroom Houses circa 216sqm 7 x 3 Bedroom Houses with garages circa 190sqm 3 x 3 Bedroom Houses circa 158sqm 3 x 3 Bedroom Bungalows circa 113sqm 2 x 2 Bedroom Houses circa 100sqm 20 units in total to include 7 affordable homes.

Existing Use

Currently there is a detached 1960's mock Island stone built bungalow on site which we understand has mains electric, water, gas and drainage connected. Under the planning permission this dwelling is to be demolished. A developer may choose to use the services connected to it whilst developing the site. There is also a large timber garage/workshop which is to be removed. The remainder of the land is laid to grass as seen in the photos.

Entrance

The site access is direct from the main highway Colwell Road. This entrance formed part of the planning consent and is to be widened. The land to provide the full entrance is included within the sale and will be marked out on the ground.

Terms of sale

The freehold interest in the site is to be sold by means of "Private Treaty" on a subject to contract basis only. The vendor is ideally seeking unconditional bids for the freehold site, however conditional bids may be considered. Any conditional bids must be clearly stated at the outset.

Information Pack

For further information on the planning with copies of various reports, plans and title information please contact us at our office on 01983 754455 so that we can e mail you the details.

Vacant Possession

The site is offered with full vacant possession on completion. The existing property on site may be rented on an assured shorthold tenancy until the sale goes through.

Viewing

Strictly by appointment with the vendors Sole Selling Agents The Wright Estate Agency on telephone 01983 754455 or E mail: freshwater@wright-iw.co.uk

Services

All prospective purchasers should satisfy themselves as the location and nature of services to the site. Assistance will be given were possible and some supporting information provided.

Agents Notes

Our particulars are designed to give a fair description of the property, but if there is any point of special importance to you we will be pleased to check the information for you. None of the appliances or services have been tested, should you require to have tests carried out, we will be happy to arrange this for you. Nothing in these particulars is intended to indicate that any carpets or curtains, furnishings or fittings, electrical goods (whether wired in or not), gas fires or light fitments, or any other fixtures not expressly included, are part of the property offered for sale.


Colwell Road
Freshwater PO40 9SW
County: Isle of Wight
Sale Type: For Sale
Ref #: FW00000191

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Colwell Road
Freshwater PO40 9SW
County: Isle of Wight
Sale Type: For Sale
Ref #: FW00000191
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