Development Opportunity with Planning Permission

A rare development opportunity featuring a proposed scheme of 22 self-contained flats in the East Midlands. The site occupies a prominent location and offers an indicative Gross Development Value (GDV) of approximately 2.4 million pounds, with indicative development costs in the region of 900,000 pounds. Planning permission has been approved subject to the requirements of the Section 106 agreement, which is proposed to be cleared by the vendor subject to agreed transaction terms. The scheme offers potential exit strategies including open-market sale or disposal to social housing providers, with reported interest from social housing operators. Early engagement is recommended for developers and investors seeking a residential scheme with multiple exit routes. 56-day completion available, and pre-auction offers will be considered.