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Cottrell Gdns

10.8 Acres of Residential Land in Cardiff CF5 6FU

Investment Highlights

  • 30% affordable housing requirement
  • Greenfield site with full planning permission for 80 residential dwellings
  • Sought after Vale of Glamorgan village location
  • Roads and services provided to boundary with no S106 financial contribution

Executive Summary

The site area is approximately 10.8 acres (4.37 ha). The freehold interest in the site is available for sale.
Price on application.

Property Facts

Sale Type Investment
Sale Conditions Development Sale
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 10.80 AC

1 Lot Available

Lot

Lot Size 10.80 AC

Cottrell Gardens comprises a residential development site with planning permission for 120 new homes. The first phase of 40 homes was developed by an SPV controlled by Acorn.

Description

The property available for sale incorporates the remaining development plot comprising Phase 2 which benefits from roads and utility services to the site boundary. Phase 2 comprises 56 open market houses (including Plot 2 which is located on the Phase 1 development), 18 social rented units (including Plots 47-50 which are located on the Phase 1 development) and 6 low cost home ownership units. The site area is approximately 10.8 acres (4.37 ha). The sale will also include the roadways, areas of public open space and residual land that from part of the Phase 1 development. Whilst technical approval has been obtained, the roads and public open space are not proposed for adoption and instead are intended to be vested in the management company.

  • Listing ID: 33442973

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: Cottrell Gdns, Cardiff CF5 6FU

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