Property With Potential Logo Property With Potential - return to homepage
Land To The South Of School Aycliffe... Plot for sale

>

Land To The South Of School Aycliffe... Plot for sale

Land To The South Of School Aycliffe Lane, County Durham, DL5
POA

Our Summary

  • Strategic opportunity for residential development in School Aycliffe, County Durham
  • SummaryStrategic opportunity for residential development in School Aycliffe, County Durham
  • The site would be subject to an on-site affordable housing requirement of 20% of the total number of units developed, as outlined in Policy H5 of the Local Plan
  • Method of SaleWe are inviting offers to be submitted to NeiI Kohli or Rhys Jones by no later than NOON on Thursday 12th June in line with the following bid requirements:Contract type (option / promotion / conditional)Promotion and planning cost cap (% of Market Value)Initial term and any extensionsOption fee(s) payable to landownerMinimum land value per NDA and non-developable Contribution payable to landowner’s

Description

A 13.3-acre site in School Aycliffe, County Durham, is being offered for residential development. The land is currently farmed and is accessible via School Aycliffe Lane. The site is not defined by Development Limits within the Local Plan, and while it has not been previously considered for residential development, adjacent land was approved for 101 dwellings in 2017. The land is subject to an on-site affordable housing requirement of 20% of the total number of units developed. The site is being sold freehold with vacant possession upon completion, and offers are invited by way of option, promotion, or conditional contract by noon on June 12th, 2025. The buyer will need to refer to local planning policy and provide a bid that meets specific requirements, including a contract type, promotion and planning cost cap, initial term and extensions, option fee(s) payable to the landowner, and minimum land value per NDA and non-developable contribution.