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£2,000,000 - Warren Lane, North Chailey, Lewes
OPTION AGREEMENT ASSIGNMENT OPPORTUNITY Comfortably positioned in the picturesque village of North Chailey, Lewes, this exceptional new build project on Warren Lane presents a remarkable opportunity for those developers seeking to create a modern living space in a tranquil setting. The property boasts contemporary design and construction, ensuring that it meets the highest standards of comfort and energy efficient homes with EV points.
As a development property, it offers the potential for customisation, allowing you to create a development that perfectly suits the lifestyle and preferences of your customers. The surrounding area is characterised by its stunning natural beauty, with lush greenery and scenic views that provide a peaceful retreat from the hustle and bustle of urban life.
This new build opportunity is not just a barn; it is a canvas for your dreams, ready to be transformed into a beautiful homes. With its prime location and modern features, it is an opportunity not to be missed. Whether you are looking to invest or build a stylish scheme, this property on Warren Lane is sure to impress.
More Information
Room Sizes and Additional Information
LOCATION
North Chailey is well-connected, offering easy access to local amenities and transport links, via the A272 making it an ideal location for families and professionals alike. The charm of Lewes, with its historic architecture and vibrant community, is just a short distance away, providing a wealth of shops, restaurants, and cultural attractions and nearby Haywards Heath offers a bustling High Street, Hospital and mainline railway station with connections to London Gatwick and the coast at Brighton.
PLANNING INFORMATION & PROPOSAL
We are offering an Option Agreement Assignment dated the 23rd June 2023 on behalf of the developer.
Planning has been granted for the conversion of an agricultural building to form 8 brand new residential dwellings at Grassington Farm Warren Lane North Chailey East Sussex BN8 4HW
Approved
REF: LW/24/0691 | Date received: 29th Oct 2024
We are advised there is NO CIL or 106 payments
SITE DETAILS
Proposed change of use from an agricultural building to dwelling(s) (C3 Use class); revised application further to LW/23/0499. The agricultural barn, lies at the eastern end of Warren Lane and to the north of Hazeldene Lane. Site is located within countryside but no other statutory designations. The site is within a rural area characterised by farms and individually designed dwellings.
The barn in question is not readily visible from public vantage points being screened by the adjoining mature boundary trees and hedging. The barn is acknowledged to have been used for agricultural purposes. The barn is not Listed nor within a Conservation Area. The barn was solely in agricultural purposes as part of the wider farm holding on 20th March 2013. There have been no subsequent changes of use or non-agricultural uses of the barn
Expected GDV= £5,400,000 with Build Costs estimated at £1.7m to £1.8m (Circa £1,700 per sq M)
Sizes per unit ar 4 x 100Sqm and 4 x 150 Sqm See plans for more details.
PRICE TRENDS
The property market in North Chailey, Haywards Heath, has seen some interesting trends recently. Over the past year, the average house price in this area has been around £746,6671. Here's a breakdown of the average prices for different types of properties: Detached properties: £1,500,000 Terraced properties: £445,000 Flats: £295,000 Overall, house prices in this area have increased by 6% compared to the previous year, although they are still 14% down from the peak in 2021. Are you considering buying or selling a property in this area?
Disclaimer
Misrepresentation Act 1967. These particulars are believed to be correct but their accuracy is not guaranteed nor do they form part of any contract.
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