Summary - Orchard Cottage Orchard Cottage Land off, Steggs Lane, Westfield, Dereham, Norfolk NR19 1QQ NR19 1QQ
1 bed 1 bath Land
**Standout Features:**
- 1.1 acres of amenity/pasture land with potential for future development
- Borders residential properties, offering hope value as an investment
- Guide Price: £25,000 to £35,000, with auction date set for May 8, 2025
- Freehold tenure with an overage clause applicable for future development
**Concise Summary:**
Seize a rare opportunity to own a 1.1-acre parcel of amenity land located off Steggs Lane, just south of Dereham in the serene surroundings of Norfolk. This broad rectangular plot is accessible and, while currently overgrown, presents a significant investment potential due to its proximity to existing homes—making future development plausible. Priced between £25,000 and £35,000, this freehold land offers hope value and strategic growth prospects, appealing to savvy investors looking for long-term gains.
Note that the land comes with an overage condition, entitling the seller to 50% of any uplift in value from future planning consents over the next 80 years. The area boasts low crime rates and average mobile and broadband connectivity, providing a tranquil yet connected lifestyle. Viewing is available during daylight hours—don't miss your chance to explore the potential that this unique plot offers before the auction date!
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