Ready-for-delivery roadside site with planning consent and clear constraints to assess.
- 9.75 acres freehold development land with implemented consent for 63 homes
- High-profile frontage and vehicular access from Surfleet Road
- Partial access constructed; Certificate of Lawfulness confirms implementation
- Contamination remediation strategy exists; remedial works will incur cost
- Welland & Deepings IDB 9m easement restricts permanent features adjacent drains
- Medium flood risk; drainage and flood management required
- Section 106 obligations and deed of variation in place
- Uplift/clawback: 35% payable on value increase for 15 years
A substantial 9.75-acre freehold development parcel on Surfleet Road with implemented planning consent for 63 dwellings. The site benefits from a high-profile roadside position, partial access already constructed and approved layout A1273-10 rev E, offering a clear route to delivery for a residential scheme.
This opportunity suits an investor or developer seeking a semi-rural site with good local connectivity: Pinchbeck village is about one mile away and Spalding’s facilities and rail links to Peterborough and beyond are within easy reach. Local leisure and schools are established, and mobile signal is excellent.
Material considerations are set out plainly. A detailed remediation strategy exists (Grange Geo, Jan 2024) and contamination works are conditioned; interested parties must review the report and cost the remediation and foundation solutions. The site lies within Welland & Deepings IDB territory, imposing a standard 9m easement alongside certain drains. Flood risk is assessed as medium and mains services should be verified by buyers for capacity and connection cost.
Legal and financial encumbrances include an existing Section 106 requirement and an uplift/clawback provision (35% of any value increase) for a 15-year period if consented development exceeds 63 units. VAT has not been opted. These factors reduce headline upside but provide transparency for acquisition planning.
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