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Wormelow

West Midlands

£500,000

Listed on 11/12/2025

Property details

Bedrooms
N/A
Type
Plot

Description

This is a unique investment opportunity featuring approximately 1.36 acres of land situated in a level position with expansive views across the picturesque Herefordshire countryside. The property currently serves agricultural purposes, but it comes with outline planning permission for the construction of up to four detached dwellings (Application Ref: P230231/O). This allows for the development of a tailored residential scheme in a highly sought-after location that offers a mix of rural serenity and convenient access to local amenities. The land is bordered by mature hedgerows and fencing, providing both privacy and character. While some clearing may be needed to prepare for future construction, the site effectively balances tranquility with accessibility, being just a short distance from nearby villages and essential transport routes. The village of Wormelow features basic amenities such as a shop and public house within walking distance, while larger towns like Hereford and Ross-on-Wye are easily reachable for more comprehensive services. In addition to the current planning approval, prospective buyers should take note of an overage clause related to any potential increase in housing density on the parcel. This could enhance long-term investment returns if further planning permissions are pursued post-sale. Utilities such as water are available nearby, making this site an excellent candidate for development that aligns with modern residential needs.

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Location

Wormelow
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Mortgage calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,889
Based on a loan of £375,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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