Stansted Road, CM22
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Stansted Road, CM22

By Barney Estates and Auctioneers

£ 550,000

Barney Estates and Auctioneers says ..

Freehold Development Opportunity (stpp) <br />Lapsed Planning Permission and Existing Building on site <br />10.83 Acres with Vacant Possession <br /> <br />Location: <br />This is an exciting opportunity to acquire a substantial parcel of land upon which there is an existing agricultural building and a lapsed planning permission for a residential dwelling. The site is located on the western edge of Elsenham where a range of local facilities are available. More comprehensive shopping and recreational pursuits are available at nearby Bishops Stortford whilst Stansted Airport lies within approximately 3.7 miles. The location benefits from good transport links with the site itself lying on the north side of the B1051 and to the east of the M11 motorway. Description: The property comprises this roughly rectangular shaped site with gated access to Stansted Road. Previously utilised as a mink farm there is a substantial, but now derelict through lack of use, steel framed barn understood to have been erected circa 1989 with a concrete hardstanding area to the front. Clearly the land offers significant potential for development subject to necessary consents and does have history granting permission for <br />a residential dwelling dating back to 1991, with this planning now lapsed. <br /> <br />Planning History/ Potential: <br />Whilst buyers are deemed to rely upon their own enquiries with regard to planning, the site is sold on an unconditional basis and is located outside of the greenbelt. Potential buyers may wish to consider the following and refer to the plan shown in these particulars highlighting nearby developments: <br />The site has planning permission for the existing barn, vehicular access (granted in 1988), lapsed planning for a two storey dwelling (granted in 1991) and a most recent permission for an equine stable block (granted in 2015) <br />Nearby developments include: Purple site planning approved in 2021 on appeal for 99 dwellings, Green Site planning approved for conversion of livery block to two dwellings, Blue Site planning approved in 2014 for 40 dwellings. <br /> <br />Total Site Area <br />10.83 Acres.

Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
310,833.00 £
Decreased by 19.99 %
from 388,484.00 £
Average area rental value
1,673.00 £/mo
Increased by 30.50 %
from 1,282.00 £/mo
Est rental Yield
6.46 %
Increased by 63.13 %
from 3.96 %
Crime Rate
60.00 %
Unchanged by 0.00 %
from 60.00 %

Agent Activity

  • Barney Estates and Auctioneers created the listing.

Nearby Schools

NameTypeOfstedDistance
Elsenham Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.25 KM
Utt1 Spangles Fanmily HubChildren's Centre2.58 KM
Forest Hall SchoolAcademy Sponsor LedRequires improvement2.62 KM
Magna Carta Primary AcademyFree SchoolsGood2.91 KM
Bentfield Primary School And NurseryCommunity SchoolGood3.29 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Old Mill Farm £ 000.00 KM
Walter Drive £ 000.00 KM
Crown Drive £ 000.00 KM
Smallwood Road £ 000.00 KM
Southfield Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Elsenham (Essex)6832ESM1.13 KM
Stansted Mountfitchet6833SST2.82 KM
Stansted Airport6834SSD4.90 KM
Newport (Essex)7039NWE7.64 KM
Bishops Stortford6800BIS8.16 KM

Nearby Listings

AddressPriceTypeScoreDistance
Stansted Road, CM22 £ 75,000COMMERCIAL_BUYUnknown0.00 KM
Stansted Road, CM22 £ 550,000COMMERCIAL_BUYUnknown0.00 KM

Nearby Properties

AddressPriceDistance
Old Mill Farm House £ 509,0000.00 KM
Langton £ 235,0000.00 KM
Cordwents £ 245,0000.09 KM
Cuckmere £ 237,0000.09 KM
South View £ 500,3200.09 KM