House For Sale £525,000
Residential Development Site

Location The development site is located within an established residential district on the southern fringe of Lincoln City Centre. Kingsway is located directly off South Park Avenue, close to its junction with Canwick Road and is therefore within easy reach of a full range of amenities. Lincoln is a thriving city being the administrative centre of the County of Lincolnshire with famous landmarks including the Cathedral and Castle, resulting in it being a popular tourist destination. Additionally, the growing University with a strong reputation attracts approximately 15,000 students to the City.  

Description Residential Development Site For Sale - We are pleased to offer for sale this exciting residential development opportunity situated on the southern fringe of Lincoln City Centre and having the benefit of Full Planning Consent for the construction of 9 three-storey three bedroomed townhouses with a striking contemporary appearance. The site currently accommodates warehouse buildings which will require demolition in order for the development scheme to proceed. The site extends to 0.16 hectares (0.40 acres) within a predominantly residential location.

Full copies of the plans and planning permissions are available via the Lincoln City Council Planning Portal under Planning Reference: 2020/0363/FUL. There are no Section 106 planning costs or obligations making this a particularly attractive scheme for a Developer.

The scheme provides for three-storey three bedroomed houses, each extending to 111 sq.m (1,195 sq.ft) with rear gardens and parking spaces beyond.  

Services We understand that all mains services are available for connection.  

Tenure The site is available on a Freehold basis with the benefit of Vacant Possession.  

VAT We have been advised that VAT is not payable on the purchase price.  

Viewing Interested parties are welcome to visit the site without prior appointment.  

Parking Yes