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Guide Price: £15,000
Approx Size: Various
Land Use: Investment Land
Planning Status: Allocation on Local Plan
Reference: BGNVLE17
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Address: Brookfield Way
Town: Lutterworth
Location: Leicestershire
Nearest Post Code: LE17
Region: East Midlands
Country: UK
Status: Active
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Full Description: Lutterworth was purchased by in 2006 by a land investment company. The factors creating interest to purchase & market the land were:
•The land sits 1.95 miles away from M1 (Junction 20)
•The land sits 1.6 miles from Magna Park Industrial Estate
•The land is adjacent to a main road and housing development
•Water, electric, and other utilities are already in place
•The land sits in the centre of the M1 and M40 corridor
•The land is situated 29 miles from the Birmingham Airport
•House prices for new build are £295,000 (three-bedroom detached, approx.)
•Lutterworth Town Centre is just 0.4 miles away
•Planning permission granted for residential development (Lapsed)
•Planning permission granted for increase in utilities
All the above factors would be sufficient to satisfy any developer to pass Government criteria along with great need of housing.
In December 2007 permission was requested for the land to be placed in the development plan.
In March 2008 the full SHLAA report issued a report for Central Government, identifying future sources of land for housing. These sites appeared on the local council website. The site was included within this report, as was the whole of Brookfield Way, thus showing that the land had the criteria needed, by the local council for future housing.
Please quote reference BGNVLE17 when enquiring about this plot of land.
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Listed by: UK Land Agent
Phone: 0203 301 4868
Homepage: http://uklandagent.co.uk
Info: The UK Land Agent is the premium FREE online land portal developed to help you advertise or search for land in the UK and worldwide. We pride ourselves on providing our users with an exceptional and professional service.
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