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Land for sale
229/231 Salters Lane, Redditch B97 6LD
£525,000
229/231 Salters Lane, Redditch B97 6LD
£525,000
Price History
Initial price | £625,000 |
22/11/24 | £595,000 |
12/03/25 | £575,000 |
23/04/25 | £550,000 |
07/05/25 | £525,000 |
Price Change | -16.00% |
Description
This 0.45-acre plot of land is an exciting opportunity to build a residential development, with planning permission approved to construct seven dwellings, including six semi-detached and one detached property. Located near Redditch Town Centre, the site has road front access and offers a minimum gross development value of approximately £2,000,000, with potential to increase this figure. The approved planning permission, subject to conditions, has been granted by Redditch Borough Council, and an illustrative plan is available to show how the site could be developed. With its proximity to the town centre and existing infrastructure, this plot presents a prime opportunity for developers to create a thriving residential community.