£525,000

Land for sale

Scraptoft, LE7
studio Flat studio Flat
property_incontent_1

Property description

Proudly presenting a unique investment opportunity in the heart of Scraptoft, an exquisite parcel of Development Land comes to the market showcasing full planning permission for two detached dwellings. Spanning a sprawling 0.4-acre plot, inclusive of an access road, this prime real estate promises unparallelled potential for visionary developers and astute investors alike.

The masterfully designed Plot 1 unveils a grandeur of 288 square metres (3100 sqft), embodying a luxurious living experience with 7 bedrooms and 6 bathrooms. Embracing an essence of modernity, this residence boasts a spacious open plan layout encompassing a sprawling kitchen, living area, dining space, and an additional spice kitchen to elevate the culinary experience.

Commanding attention, Plot 2 encompasses a palatial 349 square metres (3756 sqft) of space, with 7 bedrooms, 6 bathrooms, and a host of opulent amenities. This residence epitomises sophistication with its expansive open plan kitchen, living, and dining area, complemented by a supplementary spice kitchen to cater to the discerning gourmet. Elegantly appointed with a garage and a lavish dressing room, every facet of this dwelling exudes a superior standard of living.

Beyond the existing expanse lies an auspicious opportunity to acquire an adjacent plot of land, positioned for further development subject to planning approval. This additional 0.2-acre parcel presents prospective buyers with the exciting prospect of expanding their through the creation of two more dwellings with proposed sizes at 2850 sqft each, further enhancing the investment potential and maximising the returns on this exceptional offering.

Conveniently located within very sought after area of Scraptoft, this meticulously planned development land stands poised to raise the bar. Planning reference number of 24/00016/VAC

Anticipating a Gross Development Value ranging from £1.975M to £2.05M for the proposed two dwellings, this property presents a compelling proposition for those seeking a lucrative investment. The amalgamation of prime location, meticulously planned layouts, and the potential for further expansion renders this opportunity a beacon for property developers with a discerning eye for unmatched opportunities.
Read more
property_header

Property photos

property_incontent_2

Interested in this property?

Check Your Credit Report & Score

Council tax

Ask agent

First listed

Over a month ago

Scraptoft, LE7

Marketed by

Hortons - Leicester 11 Brook Park Gaddesby Lane, Rearsby LE7 4ZB
Call agent on 0116 448 1963
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
Monthly repayment

The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

View all property for sale in Leicester

Scraptoft, LE7 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Hortons - Leicester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hortons - Leicester for full details and further information.
property_vrec_1