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1 Somme Rd - Brook Farm 0.77 Acres of Residential Land Offered at £1,000,000 in Derby DE22 2NP
INVESTMENT HIGHLIGHTS
- Extending to 0.77 acres approximately
- Frontage onto both Memorial Road and Somme Road
- Prime location with high property values
- Much anticipated opportunity
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | £1,000,000 | No. Plots | 1 |
| Sale Type | Investment | Property Type | Land |
| Sale Condition | Redevelopment Project | Property Subtype | Residential |
| Tenure | Freehold | Total Plot Size | 0.77 ac |
| Price | £1,000,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Tenure | Freehold |
| No. Plots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Plot Size | 0.77 ac |
1 PLOT AVAILABLE
Plot
| Price | £1,000,000 | Total Plot Size | 0.77 ac |
| Price Per ac | £1,298,701.30 |
| Price | £1,000,000 |
| Price Per ac | £1,298,701.30 |
| Total Plot Size | 0.77 ac |
Brook Farm comprises a level rectangular site extending to 0.77 acres or thereabouts.
DESCRIPTION
Brook Farm is situated on the corner of Somme Road and Memorial Road approximately 3 miles due north of Derby Centre. Somme Road is a prime residential area which is home to a number of individual high value residences with Miller Homes developing the Kedleston Grange site on adjacent land. As such the site is situated in an area where there is significant demand for residential dwellings, on the north western edge of Derby City close to open countryside including Kedleston Hall which is owned by the National Trust. Derby is a major commercial centre within the East Midlands region, situated approximately eight miles to the west of junction 25 of the M1 motorway and 40 miles north east of the city of Birmingham. The city has a resident population of approximately 250,000 and traditionally draws upon a stable industrial employment base, having longstanding historical connections with the railway industry and Rolls-Royce Engineering.
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1 Somme Rd - Brook Farm
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