Initial price	£750,000
05/04/24	£550,000
02/11/24	£500,000
Price Change	-33.33%

A 1.39-acre site in Leiston, Suffolk, has been granted planning permission for the construction of three new houses and the conversion of existing buildings into four houses, with a new shared access off Red House Lane. The site, which has been in the same family's ownership since the late 19th century, has a rich history and has previously operated as a mixed farm and family home. The development will include a mix of new and converted properties, ranging from two to four bedrooms, with a total floor area of 10,872 square feet. The site benefits from a quiet location, just off the Aldeburgh Road, with access to local amenities, including shops, schools, and leisure facilities. The development is subject to the Community Infrastructure Levy (CIL) and a CIL Liability Notice has been issued. The vendors will retain certain areas of the site, including a pedestrian right of way and a section of fencing, which will be included in the sale contract.