Residential Development Site... Residential development for sale

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Residential Development Site... Residential development for sale

Residential Development Site, Tanhouse Lane, Cradley, Malvern
£800,000

Price History

Initial price £1,450,000
02/10/24 £1,050,000
09/12/25 £800,000
Price Change -44.83%

Description

The property is located on the border of Herefordshire and Worcestershire, near the village of Cradley and the towns of Malvern and Ledbury. The site spans approximately 2.95 acres and is currently occupied by two buildings, one of which has been granted consent for conversion into 7 residential dwellings. The property has mains water, electricity, and telecoms available, and the seller is seeking offers for a conditional purchase subject to planning permission. The planning permission granted allows for the change of use of one commercial building to 7 dwelling houses, and the seller is also exploring the possibility of building 9 plots on the site, subject to further planning permission. The property offers a unique opportunity for development and is being sold for £1,450,000 on the basis that planning permission is granted for 9 plots.