Guide price
£525,000
Land for saleSalters Lane, Redditch B97
3 beds
1 bath
2 receptions
EPC Rating: F
About this property
“An exceptional opportunity to acquire a parcel of land extending to approximately 0.45 acres. The site previously benefited from planning consent for the development of seven residential dwellings, which has now lapsed (Ref 22/00176/out). A reapplication will be required, offering purchasers the potential to tailor a scheme to their own specifications, subject to the necessary approvals.
This 0.45-acre plot presents an excellent development opportunity, currently comprising two semi-detached properties with potential for redevelopment. The site offers scope for a scheme of multiple dwellings, with an estimated minimum gdv of approximately £2,000,000 and potential for further uplift, ideally situated within close proximity to Redditch Town Centre.
An illustrative layout has been prepared to demonstrate how the site could be developed.
EPC Rating: F
Disclaimer
These particulars are for guidance only and based on information approved by the seller. Accuracy cannot be guaranteed and details may contain errors or omissions. They do not form part of any contract. We are not surveyors or legal experts and cannot advise on condition, title, or other legal matters. Buyers should instruct their own professionals before making decisions. Photos are illustrative only and items shown are not necessarily included. Fixtures, fittings and appliances are not tested and may not be in working order. All measurements are approximate. No liability is accepted for loss from use of these details.
By law we must carry out id and aml checks and review buyers’ financial circumstances before a property can be marked sold subject to contract. This due diligence is required by trading standards. Checks start once a provisional offer is agreed. The cost is £30 incl. VAT per property, payable in advance via our onboarding system.
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