An attractive, edge of town residential development opportunity

Transcription

1 An attractive, edge of town residential development opportunity Bolsover, Derbyshire Brought to you by Sole Agent

2 Why Castlewood Walk? There are many reasons why this highly attractive, edge of town residential development opportunity is well worth a look. Here are three of the most significant ones... 2

3 Location... Castlewood Walk is a highly commutable, 12 hectare greenfield site, off Junction 29a of the M1, in Bolsover. Bolsover town is outside Chesterfield in Derbyshire with a population of approximately 11,500. The district has a number of notable historic sites, the most dramatic being Bolsover Castle, a medieval fortress, renovated as an exemplar of courtly lifestyle in the 1600s. Now a national heritage site, the castle dominates the skyline and is highly visible from vantage points of the development site, which is off Wood Lane - hence the name Castlewood Walk. Bolsover is only... n 5.8 miles from Chesterfield n 18 miles from Sheffield n 26 miles from Nottingham n 29.2 miles from Derby n 35.9 miles from East Midlands Airport M1 Doncaster M18 Sheffield A6 A617 A616 Chesterfield A617 29A M1 A616 Bolsover Site A632 A1 A6075 M1 Mansfield A617 A616 A1 A6 Newark on Trent A1 Nottingham 3

4 ...location Who wants to live there and why? Bolsover is attractive to a wide range of people and the area is a great place to live. Set in a stunning combination of fantastic countryside and green spaces, the Peak District National Park is on the doorstep. Bolsover is surrounded by a variety of towns and villages and has great road links to some of the liveliest cities in the UK. For professionals working in places like Chesterfield or Sheffield, Bolsover is a superb location to buy a new home, an easy commute to work, whilst offering exceptional value for money when compared with prices in other areas. 4 Families with youngsters will benefit from excellent schools and colleges. Bolsover provides a full range of schools, including a brand new nursery and primary school just opened in the town, all within easy reach of the development site. The area is perfect for popular sports like golf and horse riding, and close by the Castle Leisure Park has floodlit football pitches and general sports areas together with a cricket pitch and pavilion. Steeped in tradition, the renowned Bolsover Brass Summer School takes place in July. Whatever your age, Bolsover is an attractive option for people looking to settle in a green environment where crime rates are low. The town centre is attractive and compact, with many traditional features and buildings and whatever your hobby or interest, there will be something on the doorstep for you to enjoy.

5 And here's what the opportunity looks like... The site, located on the northern outskirts of Bolsover, has outline planning permission for 250 homes. Formerly agricultural land, with mature hedgerows and woodland, the site is located off Wood Lane and runs the length of Blind Lane, a bridleway/public footpath forming the southern boundary to the site. Bolsover Castle can be viewed from various vantage points and there are excellent views to the wider Derbyshire countryside to the west. Castlewood Walk has been divided into three character areas with considerable potential as a key housing development for the town. The western entrance to the site has been designated Castlewood Village, and will feature a balancing pond, which will act as a village pond in a village green setting. The buildings will take their cue from older cottages and properties in the area in terms of height and finishes. The dominant feature of the next character area, Lower Castlewood is a mature woodland belt along the northern boundary. This provides the opportunity for this dominant landscape to play an important role in the character of this part of the development. The properties here could feature different storey heights to incorporate steeper gradients and higher ground levels. And finally Upper Castlewood occupies the upper area of the development land and is the largest section of the site. Its boundary is marked by an existing north-south footpath link, which can be accessed from the eastern end of Blind Lane. Upper Castlewood provides the most significant views of Bolsover Castle and the wider Derbyshire countryside. Bolsover District Council is keen to invest in the adjacent Castle Estate. For this reason the affordable housing contribution will go towards investment in the Castle Estate. 5

6 ...location! What's planned and how will the scheme be received? A total of 250 new homes are planned for the scheme, seven for Castlewood Village; 77 at Lower Castlewood and 166 Upper Castlewood. Extensive landscaping is proposed throughout the scheme. This includes both informal and formal planting and the retention of existing trees and hedgerows where possible. It is intended that Blind Lane, to the south of the site, would be enhanced to provide a green corridor for pedestrians and cyclists, whilst facilitating further connectivity and linkages to identified routes from the site. "I strongly support this development. It makes use of land of little or no use for agricultural purposes, is close to Markham Vale job opportunities and appears to be well designed, landscaped and generally well presented. Oxcroft Lane, Bolsover. 6 "Very interesting. I think it will be good for Bolsover. All types of housing needed. Hady Hill, Chesterfield.

7 In addition, the provision of public space, a wild flower meadow and general landscaping addresses the current acknowledged deficit of public open space in Bolsover and ultimately provides an attractive and scenic location for views of the castle and for residents to enjoy. An extensive and thorough consultation exercise has been undertaken with the local community to obtain their views on the proposals and highlight local issues of concern. A consultation website was launched providing details of the proposed development at Woodhouse Lane now rebranded Castlewood Walk together with a Public Consultation event, some of the comments are featured here. The total number of recent comments received to date has been 35. The majority were rated as neutral i.e. raising some issues but not objecting to the development. There were 14 responses that supported the development and 6 objections. "Encouraging to see a private development of this size will include recreational facilities for young people. Bolsover Civic Society "An interesting development. Personally I like the attention paid to recreation and wildlife. Welbeck Road, Bolsover. 7

8 OK - let's look at the market! 300, , , , ,000 50,000 0 Flat 66,434 92, ,209 94,428 88, , , , , , ,587 Terrace Semi-detached Detached Flat Terrace Semi-detached Detached Flat Terrace Semi-detached Detached Bolsover Chesterfield Sheffield In 2005 North East Derbyshire, Chesterfield, Bolsover and Bassetlaw were identified as a Housing Market Area (HMA). Annual incomes are below average in this location but according to the Land Registry of England and Wales, Bolsover has seen an 8.3% rise in second-hand house prices over the last year. There has been limited investment in residential development in Bolsover in the past years, which has created demand for quality, family homes. Analysis indicates that apartment unit sales are struggling in Bolsover but there is demand for larger units from circa 600 sq ft to circa 1,400 sq ft across two or more storeys. 8 *Land Registry of England and Wales, Source: BBC Website

9 Fact and figures % % % % Percentage of potential house purchasers in Bolsover* The economies and housing markets of those within the HMAs are particularly influenced by the Sheffield City Region, which has an effect on house prices of both the new and second-hand market. The decline of the coal, manufacturing and heavy industries have left a legacy of large, contaminated brownfield sites across the HMA but industrial redevelopment has begun to take place in a number of sites along the A61 corridor and at Markham Vale on junction 29a of the M1, which has been given Enterprise Zone status. To Bolsover s advantage; the six local authorities and the Homes and Communities Agency created a Local Investment Plan (LIP) to 2014 for the HMA, with a core housing focus. The LIP recognises that the growth and sustainability of the HMA s housing market will in part be driven by the successful achievement of the area s economic growth. The LIP s vision is that Development will be brought forward in sustainable locations where residents can access a choice of housing and employment opportunities and enjoy a good quality of life. *Bolsover District Council 9

10 Just the facts! Location The site is situated on the northern outskirts of Bolsover, Derbyshire only three and a half miles from M1 J29a. Planning Outline planning permission (ref: 10/00568/OUTMAJ) was granted on 31st January 2012 for residential development of approximately 250 dwellings, including details of access, with all other matters to be dealt with by way of a reserved matters application. A copy of the planning application and consent is available at Interested parties can obtain a password from the Sole Agent to access the site. There is no on-site affordable housing obligation.. Description The land comprises a sloping greenfield site of approximately 12ha to the north of Blind Lane and east of Woodhouse Lane, Bolsover. The site is bound by open fields to the north and east and Woodhouse Lane to the west. Views through to the landmark Bolsover Castle are possible from numerous points within the site, with excellent views to the wider Derbyshire countryside to the west. Planning Obligations The completed Section 106 Agreement requires payments of: n Financial contribution of off-site affordable housing n Recreation contribution to improve an existing recreation ground n An education contribution to increase the capacity at the two nearby infant and primary schools n Health care contribution to extend or increase the capacity of local doctors surgeries or to be used towards the costs of a new medical facility. Special Conditions of Sale The purchaser is to submit a reserved matters application, approved by the vendors for the entire site for 250 units within 6 months of completion. Method of Sale The site will be sold freehold with vacant possession. The sale is by private treaty through the Sole Agent. 10

11 Services and Technical Information The website contains:n Copies of the outline planning application, including the design and access statement and planning consent n Completed Section 106 Agreement n Topographical Survey n Sketch master plan layout C SK805 Rev D n Storm and foul drainage details n Cost summary prepared by BWB for earthworks, bus/ emergency link, footway links, statutory undertaker quotations. 11

12 Brought to you by Paul Burton Tel: Fax: Web: Sole Agent Martin Ward Tel: Fax: Web: Produced by AVA PR 2012 E&OE