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Llangrove, Ross-on-Wye

West Midlands

£475,000
Listed on 26/02/2026

Property Details

Bedrooms
N/A
Type
Plot

Description

This property presents a unique opportunity for residential development, with full planning permission granted for four new dwellings on a site previously home to modern agricultural buildings. Positioned within the scenic West Midlands countryside, the location enjoys good connectivity to major routes such as the A40 and M50, making it an appealing choice for future residents seeking a balance between rural charm and accessibility. The nearest village, Llangrove, is just half a mile away and offers essential amenities including a primary school, public house, community hall, and church. The approved plans involve replacing outdated portal frame structures with thoughtfully designed homes that harmonize with the traditional architecture of the area. This development will feature two detached and two semi-detached properties, each consisting of either three or four bedrooms with integrated garages. With some landscaping and infrastructure work required — particularly for drainage solutions — this project holds significant investment potential in a market that is increasingly attractive to buyers looking for new builds in picturesque settings. Mains water and electricity are accessible from nearby sources; however, considerations around sewage management via pumping systems must be addressed. This site also holds the provision for connections to additional dwellings in future developments, enhancing its long-term value. Potential purchasers should consider the possibilities of creating desirable family homes that respect the local aesthetic while catering to modern living needs.

Investment Analysis

(HR9 area)
Area Average
£315/sq ft
Avg Rent (weekly)
£234
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (HR9)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -6.8%
5 year growth: -1.4%
Investment Disclaimer: Analysis based on HR9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Llangrove, Ross-on-Wye
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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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