Colchester Estate Agents
We are carrying out valuations in this area.
If you are thinking of selling, book a free, no obligation valuation with one of our valuing experts.
Colchester Estate Agents
We are carrying out valuations in this area.
If you are thinking of selling, book a free, no obligation valuation with one of our valuing experts.
Two building plots with outline planning consent for self-build homes, offering the rare opportunity to build your bespoke home. Set in a highly desirable location, these plots provide an excellent chance to bring your dream home to life.
The Plots – Bakers Lane
These self-build plots at Bakers Lane offer a rare opportunity to create and manage the construction of your ideal home from the ground up. Set within an exclusive development of just two properties, they occupy a highly sought-after and private location.
Each plot benefits from planning permission for a single garage, with thoughtfully designed accommodation to the first floor providing four spacious double bedrooms, making this an excellent opportunity for a bespoke family home in an exceptional setting.
Planning application number - 260014
**Self-Build Purchasers and Developers– Important Information**
Where plots are acquired by individual self-build purchasers, the intention of the sale is for the buyer to construct their own home in line with the principles of the Self-build and Custom Housebuilding Act 2015.
Where the land is purchased by a developer, the same Act does not impose direct obligations on the developer in relation to development delivery or plot provision. The statutory duty under the Act rests with the local planning authority, which is required to have regard to demand for self-build and custom housebuilding when planning for housing land supply.
Any requirement for self-build or custom-build plots would only apply where it is specifically secured through planning conditions or a Section 106 agreement attached to the relevant planning permission. This applies equally to small schemes, including sites of two plots. In the absence of such controls, the Act does not restrict a developer or purchaser from acquiring or developing land with planning permission.
**Stamp Duty Savings**
There are notable financial advantages compared to purchasing a fully completed property of similar value. A key benefit relates to Stamp Duty Land Tax (SDLT). In a standard property purchase, SDLT is calculated based on the total market value of the home. However, with a self-build or custom-build project, SDLT is applied only to the value of the plot, not the finished property.
Alternatively, you can call us on 01206 564259 or visit us in branch
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Property information contact details
David Chinery
Valuer
Without a doubt there are two large driving forces for people moving to the area. The excellent range of private and state schools. The grammar schools annually top the league tables across the country. The range of private schools offer a more tailored education and are exceptionally well sought after. The second, being value for money, although, as the town grows, house prices within the area look to rise steadily within the coming years.
£350,000
£375,000
£950,000
The information displayed about this property comprises a property advertisement. This property advertisement does not constitute property particulars. The information is provided and maintained by chewton rose. Please contact the chewton rose office directly to obtain full property particulars and any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 and The Home Information Pack Regulations 2007.
The information displayed about this property comprises a property advertisement. This property advertisement does not constitute property particulars. The information is provided and maintained by chewton rose. Please contact the chewton rose office directly to obtain full property particulars and any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 and The Home Information Pack Regulations 2007.