1.92 acres with outline planning for ten homes — auction sale with buyer fees..
Outline planning for ten houses (six detached, four semi-detached)
Site area approx. 1.92 acres — large development plot
Projected GDV circa £3,100,000 (developer estimate)
Freehold title; Section 106 available on request
Sold at auction — undisclosed reserve price applies
Buyer pays 4.5% reservation fee (min £6,600) plus pack fee
Local area: above-average crime and higher deprivation indicators
Outline only — reserved matters, services, viability checks required
A substantial 1.92-acre freehold parcel in Somercotes with outline planning (AVA/2019/0987) for ten dwellings — six detached and four semi-detached. The site offers clear development potential with a projected GDV of approximately £3.1m, easy road links to Alfreton station (c.1.8 miles) and reasonable access to Derby, Nottingham and East Midlands Airport.
The sale is by Modern Auction. Buyers should note an undisclosed reserve price and mandatory buyer charges: a non-refundable reservation fee of 4.5% (minimum £6,600 incl. VAT), plus up to £349 inc. VAT for the buyer information pack. The Section 106 agreement is available but any planning conditions, S106 obligations or further reserved matters must be satisfied by the purchaser.
This parcel suits developers or investors seeking a small housing scheme in an edge-of-village location. Risks to factor into feasibility include above-average local crime rates, higher area deprivation measures, and the need for detailed reserved matters, services connection and viability checks. No flood risk is recorded, and mature trees/greenery may influence site layout or costs.
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