Gray Terrace, Stanley, County Durham, DH9

This development site presents an excellent opportunity for investors and developers, featuring outline planning permission for 18 self-build plots. Granted on June 9, 2023, the planning application can be reviewed through the Durham Council planning portal under reference number DM/21/01066/OUT. Spanning approximately 5.2 acres, the property currently comprises open grassland that was previously utilized for livestock grazing. The land features a gentle slope towards the south, allowing for potential creative design solutions in developing residential homes. The site’s location on the outskirts of Annfield Plain provides convenient access to local shops and amenities, including a Tesco superstore located just a short distance away. The nearby towns of Stanley and Consett have recently experienced significant housing developments, indicating a growing interest in this area which may enhance its appeal for future residential projects. While no intrusive site investigations have been conducted and there are no records of mining activity in the vicinity, this site offers a blank canvas for potential development. Additionally, it is not currently designated in the Durham County Strategic Housing Land Availability Assessment (SHLAA), presenting an opportunity to shape its future use without existing restrictions. This property is well-positioned to benefit from ongoing growth in the region, making it an attractive option for those looking to invest in emerging opportunities within the housing market.