Summary - 2 CLAVERING ROAD SWALWELL NEWCASTLE UPON TYNE NE16 3JJ
1 bed 1 bath Land
Ready consent for eight two‑bed apartments near strong transport links..
- Planning permission granted 2024 for 8 two‑bed apartments
- Site area 0.205 acres across two freehold titles
- Sold at auction; purchase subject to auction terms
- Site subject to an overage clause; check legal pack
- Land not inspected; buyer to commission surveys
- Very high local crime and area deprivation noted
- Excellent mobile signal and fast broadband speeds
- Well connected by local transport links; nearby schools
A cleared development site extending to 0.205 acres with full planning permission (granted 2024) for an apartment block of eight two‑bed apartments. The plot is offered with two freehold titles and will be sold at auction, making it a straightforward purchase route for a cash buyer or developer seeking a short transaction. The site benefits from strong digital connectivity and convenient transport links north and south, supporting rental demand.
Key commercial positives include the ready‑granted planning consent and compact urban footprint suitable for an 8‑unit scheme. Legal due diligence is essential: the site is subject to an overage clause (full details available in the legal pack) and the land has not been physically inspected. Buyers should factor these into cost and timeline assumptions.
This location sits within an area described as deprived with very high local crime rates, which will influence rental yields, marketing, and management requirements. Nearby schools rated Good–Outstanding and local amenities provide some family appeal, but investors should plan for robust security, tenant vetting and possibly scheme specification that targets local demand.
The sale price and auction format present potential value for an investor or small developer able to proceed quickly. Prospective purchasers must review the legal pack, planning documentation and carry out their own site inspection and surveys before bidding.
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