Stratton Creber Commercial is pleased to have advised on the sale of 19th century Colebrook House in Plymouth, a Victorian villa within mature landscaped grounds of around 2.2 acres.
Consultant Robin Falle acted for the owners in disposing of the property to award-winning developer Burrington Estates who achieved a planning consent for the demolition of the existing house and the erection of 14 detached three and four-bedroom dwellings.
The Mayhew Gardens development will regenerate the site which had fallen into some disrepair following the death of the owner, a local solicitor.
Robin, who acted for the family, says: “Through the transformation of the site, the scheme will offer premium living in Colebrook once again.”
Planning permission followed considerable negotiation with the local authority and public consultation.
The house had previously been listed as a heritage asset of importance and there were many tree preservation orders (TPOs) that were retained, along with elements of the historic boundary walls.
The site was sold off a guide price of offers in excess of £1 million.