Sutton Courtenay, Abingdon OX14

Sutton Courtenay, Abingdon OX14

RESIDENTIAL DEVELOPMENT OPPORTUNITY
A significant residential development opportunity covering approximately 7.28 acres (2.95 hectares) with outline planning permission for 91 new residential dwellings on the edge of Sutton Courtenay.

LOCATION
The Property is situated to the immediate south of the B4016 (Appleford Road) and provides strong transport links to the A34 and the national motorway network beyond. Sutton Courtenay is a village on the River Thames in central Oxfordshire, sitting within the administrative boundary of Vale of White Horse. The Property is approximately
two miles south of Abingdon-on-Thames where a full range of amenities can be found, including national retailers, restaurants and leisure facilities. The Property is two miles from Culham train station and five miles from Didcot Parkway train station and as such is well located for commuting to Oxford and London (Paddington in approximately 40 minutes). The village offers a range of accessible facilities including Sutton Courtenay Church of England Primary School, All Saint’s Church, village shop, three public houses and
other facilities. The Culham Science Center is 3 miles to the north east and provides an extensive range of employment opportunities.

THE PROPERTY
The Property is now vacant having been used by a plant and machinery hire business until recently. It comprised areas of hardstanding used for parking and storage and a number of associated buildings and temporary structures used for storage and ancillary office facilities. It formerly made up part of the headquarters for Amey plc, together with land to the immediate east where a scheme for 104 dwellings (approved in April 2013 – “Phase 1”) is currently being built out by Persimmon Homes.
• The northern boundary is formed by the B4016
(Appleford Road)
• The eastern boundary lies adjacent to Phase 1
• The southern boundary lies adjacent to open countryside
• The western boundary is irregular and sits adjacent to existing residential development on Amey Close, together with further open countryside. The vendors will deliver the Property clear of all existing structures and hardstanding together with remediation works of all known contamination under taken. It has been established with the Vale of White Horse District Council (VWHDC) that these works do not constitute the
commencement of development.

PLANNING
The Property is a second phase of a larger original
development scheme for which outline planning permission for 195 dwellings was initially granted in April 2013 (P10/V1907/O), with Reserved Matters Approval granted in December 2015 (P14/V2061/RM). Having sold Phase 1 to Persimmon Homes in 2015, the Vendors submitted a new outline planning application, in respect of the Property (Phase 2), for 91 new dwellings (to include the creation of a new access direct off Appleford
Road) earlier this year. Resolution to grant outline planning permission was made, subject to the completion of a Section 106 Agreement, at the
VWHDC Planning Committee on 11 July 2018 for:
“Residential development of 91 dwellings and associated access” (Planning Ref: P18/V0069/O)
All matters are reserved except for means of access to the development. The planning permission will be governed by a Section 106 Agreement. The Agreement will provide for the
delivery of 35% affordable housing and a range of financial contributions.
The planning permission will contain a number of conditions.

THE PROPOSED DEVELOPMENT
The development proposed as part of the outline planning application comprises:

• Clearance of facilities on the Property
• Residential development of 91 dwellings
• Formalising access off Appleford Road to serve the proposed residential development

FURTHER INFORMATION
A Data Room has been prepared to accompany these particulars and includes all relevant planning, technical, legal and end sales information, as well as bidding guidance. Prospective purchasers should note that the Vendors will expect them to have obtained and carefully considered the contents of the Data Room prior to submitting their offer.
www.applefordroad-suttincourtenay.com

VAT
VAT will be chargeable on the Sale Price

METHOD OF SALE
The opportunity is offered for sale freehold with vacant possession by informal tender. Unconditional offers are sought. The Vendors may consider the provision of overage as a part
of offers received. Offers should be received by email in accordance with the Bidding Guidance contained on the Data Room and received
by 12 noon on Thursday 25th October 2018, marked “Sutton Courtenay Tender”.

VIEWING
The Property may be viewed from the highway. Parties wishing to walk the site should arrange an appointment with

The next steps...

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.
 
To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.
 
Some advantages of a broker are:

  • They do all the legwork for you, working on your behalf with the lender
  • They compare wholesale mortgage rates from a large number of banks and lenders all at once
  • Wholesale interest rates can be lower than retail (bank branch) interest rates
  • You get more loan options because they work with numerous banks and lenders
  • Brokers can finance tricky deals because of their knowledge and various lending partners
  • Are typically easier to get in contact with, less bureaucratic.

However with your bank maybe able to:

  • Build off existing relationship (discounts if you have a checking/saving account)
  • You may already know the banker who will handle your mortgage
  • Perhaps more trustworthy, more accountable than a smaller shop
  • Lower interest rates in some cases
  • Ability to add mortgage to existing banking profile and make automatic payments from linked account.

When it comes to making an offer on a property a bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.


We want to make the offer process as simple as possible and by registering with an account with Carter Jonas today, you can make offers on any of our properties online and at your convenience. Just register with us online and click the 'make an offer' button on any of our properties.

 

If you have a property to sell, why not see how we can help you. Did you know we can offer all our residential clients a login that will allow them to track their property sale online.

Our offices are also open longer during the week and weekends and we can take calls from potential buyers 24 hours a day 365 days a year.

We can even take the stress out of managing your rental, our award winning lettings team offer a service that can be tailored to your needs.

Combined with over 150 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how
Carter Jonas can help you make your next move.

Whether you are looking for office or house, a farm or estate the UK property market is notoriously fast moving.

So if you want to be at the front of the property queue, ensure you are signed up to receive daily property alerts and gain instant access to your saved properties and frequent searches.

Also by registering with us online you will receive select research and relevant publications before anybody else and gain access to helpful guides, which will aid you with your property purchase.

Don't forget to use our innovative and unique property wizard to help you find properties you would may not have initially considered, and remember that by registering an account you can make an offer online on your dream home 24/7.

  • Receive email alerts
  • Fast access to your recent searches
  • Publication before anyone else
  • Helpful guides to aid you in your property search
  • Make offers on property online.

Viewing a house or flat can be an exciting time, but remember to register with you local office of Carter Jonas first.

This could give you access to confidential sales (properties we are requested not to advertise) which you will never see online.

It's also worth registering with us online, here you can setup email alerts which will be sent daily, updating you on the latest properties that match your requirements.
 
When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Situational Details
Carter Jonas reference
PDS180008
Search similar in neighbouring areas
Thinking of selling?

FIND OUT WHAT YOUR PROPERTY IS WORTH