Sale Agreed

St Giles On The Heath - Site For 12 Dwellings Lower Sladesmoor

An opportunity to acquire a village development site with the benefit of outline planning permission (Ref. 1/1052/2020/OUTM) with all matters reserved, for the construction of up to 12 dwellings. The site is located at the end of a recently developed housing estate of 12 dwellings at Lower Sladesmoor Crescent, with part of the new site being developed to the north of the existing housing and part to the west, with access from the existing housing estate roads, allowing potential for phasing of the development. The site extends to circa 1.08ha (2.66 acres). Please note rights of access and services easements will be retained for our clients retained land to the north.

The village of St Giles on the Heath is located approximately 6 miles from Launceston and offers a range of facilities, including a general store/sub post office, public house, well acclaimed county primary school and parish church. A few miles from the village is Roadford Lake with its leisure facilities, boating facilities and extensive walks.

The nearby town of Launceston offers a wider range of shopping, commercial, educational and recreational facilities and lies adjacent to the A30 dual carriageway providing access to the M5 at Exeter. There are a number of private schools nearby - Shebbear College (Beaworthy), St Joseph’s (Launceston) and Mount Kelly College (Tavistock).

PLANNING

Torridge District Council granted outline planning permission with all matters reserved for a residential development of up to 12 dwellings on land adjacent to Lower Sladesmoor Crescent, St Giles on the Heath on 28th October 2022 under Ref. 1/1052/2020/OUTM.

We understand that there are no CIL payments that are liable for this development, although there is a Section 106 legal agreement regarding the affordable housing and financial contributions that are required as part of this planning permission.
The affordable policy is 30% and this has currently been agreed as 2 socially rented dwellings and 1 intermediate dwelling with a commuted sum in lieu of on-site affordable housing equivalent to 0.6 of a three bedroom social rented unit, although the developer may also consider delivering 4 affordable dwellings with no off-site contribution required.

The financial contributions required are:

Off-site affordable housing £70,590, Off-site Play Area £5,441.10, Off-site Sports £5,441.10, Open Space Maintenance £5,751.14, Secondary Education Transport £11,320. TOTAL = £98,543.34 (index linked).

Copies of the plans, planning permission & S106 agreement are available from the agents.