Prime site in affluent Nottingham suburb up for grabs for £3m
Land in the affulent Nottingham suburb of Edwalton is up for sale for £3m.
FHP Property Consultants has 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 £1 million to £1.2million each. Adjacent to the site, FHP Living have sold four properties for £1 million each.”
The site sits across the road from the site where Guy Phoenix developed two ultra-luxury homes at prices of £4m and £7m.
Hargreaves confirmed that offers in the region of £3m are required for the site.
