Wootton, Isle Of Wight, PO33 4NE

Residential (land) for sale

£2,500,000

Sold STC


A freehold development site with outline planning permission for 40 dwellings comprising 26 open market detached dwellings and 14 affordable properties.

LOCATION
Possibly one of the best development sites on the Island. Situated in a lovely rural position on the outskirts of the village of Wootton many of the plots will benefit from spectacular views of the Solent and the surrounding countryside. Wootton Bridge is a large village ideally situated between the principle towns of Ryde and Newport. Fast passenger ferries are available in Ryde giving direct train links to London. Vehicle ferries are also within a 10 minute drive both at Fishbourne and East Cowes providing links to Portsmouth and Southampton. The village is well provided with amenities including 3 convenience stores, public houses, restaurants and doctors. The site is situated to the west of the village and benefits from being close to some lovely countryside walks, the coastal path and the beach at Woodside Bay.
DESCRIPTION
Offered for sale is a freehold site of approximately 7 hectares (17 acres) with outline planning permission for a residential development of 40 dwellings comprising 26 open market detached dwellings and 14 affordable properties. The site is accessed from the far end of Palmers Road, arguably the most sought after road in Wootton, and is split into two parts; the Lower Field and the Upper Field segregated by a beautiful area of managed woodland which will provide a natural screen between the two zones.

UPPER FIELD

The indicative layouts provide for 14 affordable housing units and 16 detached open market properties on this field of circa 7 acres. Some of the units would enjoy rural and sea views. Revised indicative plans have been produced which show the 14 affordable units and 18 detached properties all with garages.

LOWER FIELD

The indicative plans provided for the Outline application showed 10 detached units for this 3 acre field, all of which would enjoy amazing views over the adjacent farmland to The Solent beyond with the towers of Osborne House visible to the West. The vendor has had further indicative layouts produced which would provide 8 larger detached dwellings accessed via a private leafy lane.

AFFORDABLE

As part of the Section 106 Legal Agreement the site offers 14 mixed tenure affordable units.
TERMS
The site is being offered freehold. Our client would consider various options for splitting the site, subject to negotiation. Please enquire for pricing structure.
PLANNING
Conditional Outline Planning approval was granted on 15th October 2019 by the Isle of Wight Council Planning Committee. All planning documents can be viewed at iwight.com by searching the application reference no. P/00741/18.

The draft S.106 agreement is being finalised and is available on request.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk