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4 Millpond Close - Land At The Rear Of Green Gables 0.94 Acres of Residential Land Offered at $644,690 CAD in Alfreton DE55 7PW
INVESTMENT HIGHLIGHTS
- Indicative scheme drawn up for 20 self-contained apartments in three blocks
- Excellent road links
- Established well-regarded residential area with other sites being built nearby
EXECUTIVE SUMMARY
The indicative plans drawn up and nearby growth in residential housing clearly demonstrate the potential for further development on the site. At this stage, no formal discussions or pre-application advice has been obtained from the local planning authority and we therefore anticipate this sale will be on a subject to planning basis.
PROPERTY FACTS
| Price | $644,690 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Tenure | Freehold | Total Lot Size | 0.94 AC |
| No. Lots | 1 |
| Price | $644,690 CAD |
| Sale Type | Investment |
| Tenure | Freehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.94 AC |
1 LOT AVAILABLE
Lot
| Price | $644,690 CAD | Lot Size | 0.94 AC |
| Price Per AC | $685,840.71 CAD |
| Price | $644,690 CAD |
| Price Per AC | $685,840.71 CAD |
| Lot Size | 0.94 AC |
The site comprises a level triangular parcel of land directly behind Green Gables. Standing adjacent to nearby and ongoing residential development it is considered a good opportunity to acquire an attractive site in a well regarded location.
DESCRIPTION
The site is situated directly to the rear of the Green Gables Nursing Home off Wingfield Road just on the southern outskirts of Alfreton, a medium-sized former mining town situated in the administrative region of Amber Valley, lying adjacent to the A38 dual carriageway, approximately 13 miles to the North of Derby, and a similar distance North West of Nottingham. Since the decline of the mining industry in the latter part of the twentieth century, the town has developed a broader employment base through the development of large industrial estates adjacent to the A38. Road communications are good, with the A38 linking with junction 28 of the M1 approximately 2miles to the north. Wingfield Road is long regarded as a prime residential area within the locality and there have been a number of high quality nearby residential developments both to the east of the site with further development being undertaken on land directly to the west. Access is via the shared driveway entrance to Green Gables running along the western boundary, on which there is a right of way.
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4 Millpond Close - Land At The Rear Of Green Gables
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