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Development Land at 246 Newport Road, , Caldicot, NP26 4AE
0.36 acres / Land
Withdrawn - Last updated: 02 December 2024
Summary
A development opportunity in prominent location
Location
The site is accessed directly from Newport Road, the main road through Caldicot. The Severn Bridge is less than 10 miles away accessed via the M4, of which Junction 23 is only 4 miles from the site. Bristol Airport is only 30 miles away with Newport and Cardiff being 12 and 26 miles from the site, respectively.
Access is provided directly from Newport Road, which acts as the single entry point to the site.
Description
The site is approximately 0.364 Acres in size and currently situates one existing dwelling house with 3 bedrooms and an additional study space upstairs capable of conversion to an additional bedroom. The land is of generally level topography and is laid out in a regular shape. The site is bordered along the boundaries by existing residential properties.
Severn Bridge Tolls
The tolls have now been abolished on the Severn Bridge crossings and as such houses in locations such as Caldicot are much sought after due to the reduced travelling times across the M4 to Bristol and beyond.
Local Amenities
Caldicot benefits from a vast number of local amenities including numerous primary and secondary schools and a town centre which is to be subject to a large regeneration project over the coming years. The current town centre benefits from many shops and restaurants as well as a large Asda supermarket and a large Waitrose store. Caldicot also benefits from its own Castle and Country Park.
Tenure
The freehold is available for sale with Vacant Possession. The site is all that land and buildings under Land Registry title number CYM748046.
Development Opportunity
There is a valuable development opportunity to be had with this land. Subject to the appropriate planning consents, the land could be developed to build houses or flats. The site is not situated within a Conservation area restricting development.
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