Land For Sale Derby
PROPERTY ID: 113649
PROPERTY TYPE
Land
STATUS
Under Offer
SIZE
0.77 ACRES
Key Features
Property Details
Brook Farm is situated on the corner of Somme Road and Memorial Road approximately 3 miles due north of Derby Centre. Somme Road is a prime residential area which is home to a number of individual high value residences with Miller Homes developing the Kedleston Grange site on adjacent land. As such the site is situated in an area where there is significant demand for residential dwellings, on the north western edge of Derby City close to open countryside including Kedleston Hall which is owned by the National Trust. Derby is a major commercial centre within the East Midlands region, situated approximately eight miles to the west of junction 25 of the M1 motorway and 40 miles north east of the city of Birmingham. The city has a resident population of approximately 250,000 and traditionally draws upon a stable industrial employment base, having longstanding historical connections with the railway industry and Rolls-Royce Engineering.
Brook Farm Comprises A Level Rectangular Site Extending To 0.77 Acres Or Thereabouts. The Site Itself Clearly Has Significant Residential Development Potential With A Number Of Nearby Dwellings Having Being Sold For Around £1,000,000. The Site Benefits From Frontage Onto Both Somme Road And Memorial Road And Is In Our Opinion A Much Sought After Opportunity, Forming An Obvious Infill Development Site. As Such We Anticipate A High Level Of Demand From Developers On Both A Unconditional And Subject To Planning Basis.