March Road, Turves

This expansive parcel of land, spanning approximately 0.50 hectares (1.25 acres), is positioned just east of Peterborough in the Turves area, providing dual access from March Road and Burnt House Road. The site is predominantly overgrown with rough grass and scrub, presenting a blank canvas for development. At the heart of the property lies a derelict brick-built structure, measuring around 135m², which could potentially be renovated or repurposed to fit new plans. With its historical planning permissions for residential developments—originally approved for 22 dwellings in 1990 and a proposed increase to 24 dwellings in 2004—the property demonstrates significant potential for redevelopment, especially considering the evolving local demand for housing. The land is sold freehold with vacant possession and is accompanied by an overage agreement that could benefit future investors, as it captures a portion of any value increase from new planning approvals. This location offers exciting opportunities for residential or commercial ventures subject to planning consent.