Thursday 3 October 2024
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Edwalton: £3.5m development site on Melton Road on the market

FHPLiving have been instructed to market a 1.5-acre residential development site on Melton Road in Edwalton.

David Hargreaves says the site had planning for a truly stunning mansion of 24,000 sq ft but also has consent for a development of 4 large Executive Homes. Jules Hunt of FHP Living said:

“The approach off Melton Road up a tree-lined drive is beautiful, whilst the cleared site has so much potential.”

Hargreaves said: “If we don’t find the buyer who wants to build the ‘mega house’ that would be worth £10m+ when finished, I could see a High Net Worth Family building three or four houses for the whole family here in a secure private setting accessed off a long private drive, but within easy access of all that West Bridgford has to offer.

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“I could also see a top-end luxury boutique apartment scheme of say 10 apartments of 2,000 sq ft each with its own Health & Fitness facilities and secure parking that would sell at £500/sq ft, probably to ‘Downsizers’ already living locally.”

The guide price for the site is in excess of £3,500,000.

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More here

Contact: David Hargreaves – 07876 396 003

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