Brook Farm, 1 Somme Road, Allestree, Derby, Derbyshire
0.77 Acres
Freehold
Freehold £550,000
Description
Brook Farm comprises a level, rectangular site extending to approximately 0.77 acres (0.31 hectares), presenting a rare opportunity for residential development in one of Derby's most desirable locations.
The site offers significant potential, with surrounding properties reflecting the area's premium market values, several of which have recently sold for around £1,000,000, demonstrating strong demand for high-quality housing.
The property benefits from dual frontage onto both Somme Road and Memorial Road, providing excellent visibility, access, and flexibility for development. Its level, regular shape makes it particularly well-suited to a range of infill development options, whether for a single luxury dwelling or a small cluster of homes, subject to planning consent.
Given its location, size and the strength of the local housing market, Brook Farm is anticipated to attract strong interest from residential developers, both on an unconditional basis and subject to planning. Its combination of accessibility, development potential, and premium surroundings positions the site as a prime opportunity capable of delivering substantial value.
Key features
- Comprising a level rectangular plot of land extending to approximately 0.77 acres.
- Affluent residential area adjacent to the ongoing Miller Homes Kedleston Grange site.
- Located within 3 miles of Derby City Centre and situated close by to Kedleston Hall.
- The opportunity is ideally suited to a small-scale developer or self-builder looking to deliver the approved scheme for occupation or resale.
- We are instructed to seek offers at £550,000 subject to contract and exclusive of VAT.