Residential development for sale

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Residential development for sale

Residential Development Site, Tanhouse Lane, Cradley, Malvern
£1,050,000

Price History

Initial price £1,450,000
02/10/24 £1,050,000
Price Change -27.59%

Description

The property is a development site 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 features two main buildings, one of which has been granted consent for conversion into 7 residential dwellings, while the other is currently used for storage and not part of the residential consent. The site benefits from mains water, three-phase electricity, and telecoms. Planning permission has been granted for the change of use from commercial to residential, and further planning applications are being investigated to build 9 plots. The property is being offered for sale subject to planning permission, with a price of £1,450,000 if planning is granted for 9 plots. Viewings are strictly by appointment through the sole agent's Great Witley office.