Land for sale

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Land for sale

229/231 Salters Lane, Redditch B97 6LD
£595,000

Price History

Initial price £625,000
22/11/24 £595,000
Price Change -4.80%

Description

This 0.45-acre plot of land is located near Redditch Town Centre and has approved planning permission to build seven residential dwellings, with a minimum gross development value of approximately £2,000,000. The existing semi-detached properties will be demolished to make way for six semi-detached and one detached dwelling, with opportunities to increase the value. An illustrative plan has been submitted to show how the site could be developed, and a Grant of Planning Permission has been obtained from Redditch Borough Council, subject to certain conditions. The property has road front access and is situated in a convenient location, making it an exciting opportunity for developers or investors.