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Land for sale
229/231 Salters Lane, Redditch B97 6LD
£550,000
229/231 Salters Lane, Redditch B97 6LD
£550,000
Price History
Initial price | £625,000 |
22/11/24 | £595,000 |
12/03/25 | £575,000 |
23/04/25 | £550,000 |
Price Change | -12.00% |
Description
This exciting opportunity presents a 0.45-acre parcel of land with approved planning permission to build seven residential dwellings, boasting a gross development value of approximately £2,000,000. The plot, situated with road front access, is ideally located near Redditch Town Centre, offering easy access to local amenities. The approved planning permission allows for the demolition of existing semi-detached properties and the construction of six semi-detached dwellings and one detached dwelling, with opportunities to increase the value. An illustrative plan has been submitted to show the proposed development, and a Grant of Planning Permission subject to conditions has been obtained from Redditch Borough Council.