Elm Lane, Copdock, Suffolk, IP8

£975,000

Guide price

We are delighted to offer for sale by informal tender this exciting development with detailed planning consent. The development offers a mix of 9 nett private properties comprising two, three, four and five bedroom homes, 5 affordable homes and a potential build contract for a detached bungalow on this delightful site within easy access of the A12 and A14

Tender Date – Offers to be received by 12 noon Friday 4th August 2017

VIEWINGS Strictly by arrangement with the Vendor's Sole Agents, Grier + Partners on 01206 299222

INFORMATION This beautiful site offers the unique opportunity to create

1 x 5 bedroom dwelling, of approx. 1882 gross internal sq. feet,

1 x 4 bedroom dwelling, of approx. 1596 gross internal sq. feet

6 x 3 bedroom dwellings, each of approx. 1106 gross internal sq. feet

1 x 3 bedroom Bungalow of approx. 910 gross internal sq. feet

Potentially the opportunity to bid for the build contract on a Detached 3 Bedroom Bungalow of approx. 1800 gross internal sq. feet

5 Affordable Homes

SECTION 106 and CIL OBLIGATIONS

We understand that Section 106 Terms are agreed with a Contribution of £12,500 for Highways and £4,000 for public transport infrastructure. The Section 106 allows for phasing of the affordable housing, being that 5 open market properties are allowed before the affordable homes may be built. Plot 1 being the bungalow plot retained by one of the directors forms one of the 5 open market units. We believe the CIL obligation will be in the region of £147,000 but interested parties are advised to satisfy themselves of this calculation.

INFORMATION PACK On request – Please contact John Radford for more information

THE PROPERTIES The properties have been designed to sit nicely within this well designed layout , each enjoying parking provision and a garage. The houses will be situated within the catchment areas of Copdock Primary School and East Bergholt High School.

COPDOCK AND WASHBROOK 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. 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.

SERVICES Potential buyers are advised to satisfy themselves of the main services which are available to the site, as well as their location and suitability.

PLANNING CONSENT: Babergh District Council Application No. 16/00802/FUL. Copy of Planning Consent with plans and site layout can be viewed online at the Babergh Planning Portal.

PLANNING CONDITIONS Potential buyers are requested to familiarise themselves with all conditions relevant to the approved consent and particularly those which must be adhered to prior to commencement of construction.

CONDITIONS OF SALE

Exchange of contracts sought 4 weeks following receipt by your solicitor of full draft legal documentation with completion to be agreed thereafter but no longer than 14 days after exchange.

Arrange viewing 01206 299222

Grier & Partners

The Old Shop, The Street, East Bergholt, Colchester, Essex

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