Situated in the quaint village of Little Stonham, approximately 4 miles from Stowmarket and 10 miles from Ipswich, this property represents a significant opportunity for investment and development. The parcel of uncultivated amenity land spans around 2.43 acres (0.984 hectares) and benefits from vehicular access off Norwich Road, located just north of the junction with Mowness Hall Lane. The landscape is predominantly flat, bordered by mature trees on three sides, offering a serene environment.
Notably, the property has a documented planning history; in 2019, permission was granted for four houses on adjacent land, showcasing potential for further development (reference DC/19/03807). Investors will find that this site possesses long-term development potential, contingent upon obtaining necessary planning permissions. Interested parties should engage with the local planning authority for detailed inquiries.
The vendor has incorporated overage provisions that entitle them to 30% of any value uplift resulting from future planning permissions for a period of 20 years following the sale completion. The land is sold with all rights of way and easements acknowledged, which includes a foul drain running along its boundaries. This freehold property is available with vacant possession at completion and could serve as an excellent addition to your investment portfolio.
