Prime residential site for nine executive houses in Edwalton, Nottingham comes to the market with FHP

FHP Property Consultants have been instructed to sell a site of 1.5 acres fronting Melton Road in Edwalton which has an outline planning consent for nine large houses.

David Hargreaves joint founder of FHP who is handling the sale, said: “Many people will know this site as ‘the Xmas tree site’ on Melton Road, as many have bought their Christmas trees from the site over the years.”

In addition to the 0.9-acre field, there is a four-bed bungalow which sits on a further 0.6-acre site.

Jules Hunt of FHP Living said: “The site has outline planning consent for nine executive homes of 2,500 sq. ft, which, with sales prices of up to £450 per sq. ft in the area, should attract prices of £1million to £1.2million each. Adjacent to the site, FHP Living have sold four properties for £1million each.”

The site sits across the road from the site where Guy Phoenix developed two ultra-luxury homes at prices of £4 million and £7 million.

Hargreaves confirmed that offers in the region of £3 million are required for the site, with very strong early interest.

Although the planning consent is for nine houses, the site could suit three very large homes, an apartment scheme, or a care home or ‘later living’ development.

For further details please contact David Hargreaves at FHP Property Consultants on 07876 396003.