Land

The property consists of 0.67 acres of vacant land in the established residential area of Penkhull, Stoke-on-Trent, with Planning in Principle for 5-9 units dated 06/07/2024. The site is approximately 0.3 miles from the Sainsburys superstore, 1 mile from Stoke-On-Trent railway station, and Staffordshire University, and less than 0.5 miles from Stoke Town Centre. Indicative drawings show a potential layout of the site for a proposed scheme of 9 units, comprising 8 three-bedroom semi-detached houses and 1 five-bedroom detached house, with estimated gross development values of £300,000 and £400,000 respectively, totaling £2,800,000, and estimated rental values of £1,200 per unit per calendar month.