CO3 3LD - 1 bed riverside redevelopment site in Sheepen Place, CO3 3LD

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Land for sale in Sheepen Place, Colchester, Essex, CO3

Summary - 1 SHEEPEN PLACE COLCHESTER CO3 3LD

1 bed 1 bath Land

Large freehold riverside plot with conversion and redevelopment potential, close to Colchester town centre..
- Freehold development site approx. 1.56 acres (0.63 ha)
- Existing 1970s four-storey office building with extensive parking
- Riverside northern boundary, 0.4 miles from High Street
- Suitable for residential, care home or mixed-use (STP)
- Entire site in Flood Zones 2 & 3; Flood Risk Assessment required
- Area of exceptional archaeological potential; trial trenching likely
- High local crime levels; design/security costs probable
- Services untested; tenure details and legal pack required
A substantial freehold redevelopment site of approximately 1.56 acres (0.63 ha) on the River Colne edge, located 0.4 miles from Colchester High Street and within easy walking distance of the town’s stations. The existing four-storey 1970s office building (Brutalist style) sits within large surface car parking and offers clear scope for refurbishment, expansion or full redevelopment (subject to planning).

The site’s planning context is positive for a range of end uses: continued commercial/office use, conversion to residential under permitted development, or schemes for sheltered housing, care provision or mixed-use development. Strong connectivity to the A12 and mainline rail services makes the site attractive to commuter-focused residential or specialist accommodation schemes.

Important material constraints are set out clearly: the whole site lies within Flood Zones 2 and 3 (medium–high flood risk) and any proposal will require a Flood Risk Assessment and suitable mitigation. The area also has exceptional archaeological potential — trial trenching and desk-based assessment will be necessary for most schemes. Crime levels in the immediate area are reported as high which may influence design, security and management costs.

For developers and investors this is a rare riverside plot with sizeable massing and parking to enable a variety of footprints and access arrangements. Buyers should allow for planning lead-in, flood mitigation, archaeological work, potential professional fees and confirmation of services. Tenure specifics and service conditions must be verified via the information pack and legal due diligence.

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