Offers Invited
0.62 Ha (1.53 Acres)
Residential Development
Class C3
Paddock Close, Elsenham, Essex, CM22 6YQ
On the Instructions of the Joint Administrators of Muira Limited
The site forms part of a redundant poultry farm which lies on the east side of Old Mead Road to the north of the Elsenham Station level crossing, extending to 0.62 Ha (1.53 acres) . The site benefits from planning consent for a development of nine large detached houses on a total site area of 0.9 ha. The site is set back from Old Mead Road, with a ditch and then steel estate fencing with grassed areas fronting the road.
Three houses have been completed and sold off, comprising Plots 1, 2 and 3 on the northern part of the site. In addition, Plot 9 has been sold off as a self-build plot, which is the southernmost part of the site. The site is accessed via a shared access road, Paddock Close, although only the northern part of the access road has been completed. The remaining six plots are in a part completed state with only the ground works and foundations/slab having been installed.
Elsenham is an attractive village in north-west Essex, situated between Bishop’s Stortford and Saffron Walden and offering a predominantly residential environment with a strong local community. The village benefits from a range of local amenities including independent shops, public houses, a primary school and village hall, while the surrounding area is characterised by open countryside, providing an attractive semi-rural setting.
Elsenham benefits from good transport links, with a railway station located within the village providing regular services to London Liverpool Street and Cambridge. Road connectivity is good, with the M11 (Junctions 8 and 8A) within close proximity, offering direct access to London, Cambridge and Stansted Airport. The area is also served by local bus routes, providing connections to nearby towns and villages.
Three of the houses have been completed and sold to owner-occupiers. In addition, we understand that plot 9 has been sold in its current condition to a third party. The communal access road serving the development has not yet been completed.
We understand that the completed house sales provide for an estate charge to be payable by the homeowners towards the maintenance of the communal access road and landscaped areas. We have been advised that a formal management company has not yet been established.
The transfer of Plot 9 contains covenants in respect to the completion of the shared access road.
The property is freehold under title number AA19674.
