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Development Site at Park Crescent, Peterborough

£650,000 OIRO
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Property Summary

A PRIME RESIDENTIAL DEVELOPMENT SITE
WITH PERMISSION IN PRINCIPLE

FOR THE CONSTRUCTION OF TWO DETACHED DWELLINGS
AND THE CONVERSION OF THE EXISTING COACH HOUSE TO RESIDENTIAL USE

AT PRESENT FORMING PART OF THE GROUNDS OF
11 PARK CRESCENT, PETERBOROUGH, PE1 4DX
                                 * * * * * * * * * *

LOCATION
PARK CRESCENT, connects Broadway with Park Road in one of Peterborough's most sought-after residential areas lying about one mile north of the city centre. It is within walking distance of the King's School and Deacons Academy. There are frequent services to King's Cross from the city's mainline railway station with journey times to London taking from about 45 minutes.
THIS PRIME RESIDENTIAL DEVELOPMENT SITE at present forms part of the grounds of 11 Park Crescent, an imposing Edwardian residence overlooking Central Park. The site area including the shared entrance drive is approximately 0.580 of an acre (0.234 hectares), as shown within the boundaries edged blue on the sale plan.
TOWN AND COUNTRY PLANNING
Permission in Principle has been granted by Peterborough City Council under Reference 22/00995/PIP dated the 30th June 2022 for the construction of two new detached dwellings on the site and the conversion of the existing Coach House to residential use, subject to conditions. A copy of the decision notice is available for inspection at the Agent's office or can be viewed on the City Council's planning portal.

SERVICES
It is understood that all mains services are available for extension into the site, but prospective purchasers are requested to make their own enquiries to verify this prior to submitting an offer for the property.

VIEWING
Viewing is only by prior arrangement with the Agents at their office on Broadway. Please allow up to 24 hours for the necessary access to be arranged.

NOTES
The adjoining property, 11 Park Crescent, as shown within the boundaries edged red on the sale plan, is also available for purchase separately, full particulars of which are available through our Agency on request.
The plans and drawings included in these particulars are intended as an approximate guide only and their accuracy is not guaranteed.

PRICE: Offers in the region of £750,000 are invited
(Subject to contract)

The Agents for themselves and for the owner of this land hereby give notice that: (1) These particulars do not in any way constitute an offer or a contract; (2) Any intending purchasers must not rely on the statements made in these particulars as representations of fact, but must satisfy themselves by inspection or otherwise as to their correctness as they are made without acceptance of any responsibility on the part of the Agents or the owner; (3) No representation whatever in relation to this property is made or given by the Agents or the owner, nor has any person in their employment any authority to make or give any such representation or warranty.