Land Rear Of 33 Church Street
Gamlingay, Cambridgeshire, SG19 3JH
An attractive residential development opportunity in Gamlingay, South Cambridgeshire, with planning permission for 9 new homes.
Acquired on behalf of clients through a phased acquisition.
The first phase, comprising 5 houses, was acquired unconditionally alongside an option over the adjoining rear site. Following the subsequent grant of planning permission for a further 4 houses, the option was exercised, securing the complete 9-unit development for our client.
Investment Summary
Planning Status:
Full Planning Permission
Transaction:
Phase 1 – Unconditional Phase 2 – Option Agreement
NIA:
TBA
No of units:
9 Dwellings
Site area:
0.7 acres
Est GDV:
£4,400,000
Land Value:
£1,200,000
