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Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 1
Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 2
Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 3
Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 4
Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 5
Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 6
Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 7
Development Opportunity at Parkgate Lane, Abbots Bromley, WS15 - Image 8

Development Opportunity at Parkgate Lane, Abbots Bromley, WS15

West Midlands

£300,000
Listed on 20/03/2026

Property Details

Bedrooms
5
Type
Plot

Description

Nestled within a charming rural courtyard near the scenic borders of Abbots Bromley and Newborough, this property presents a significant self-build or redevelopment opportunity. With full planning permission already secured, the site is primed for the construction of an impressive five-bedroom family residence featuring modern open-plan living spaces and a swimming pool. The existing barn structure is freehold and benefits from essential services that can be connected, including power and a private drainage system shared with one other home. The granted planning permission outlines a vision for creating a contemporary single-storey family dwelling on the same footprint as the current barn. Design plans showcase an L-shaped layout that encompasses an expansive open-plan kitchen, dining area, and dual lounge spaces. Additionally, there are provisions for four generously-sized double bedrooms, a family bathroom, utility room, and an exquisite master suite complete with a dressing room and en-suite bathroom. The outdoor space will feature a wrap-around garden leading to tranquil views over farmland and access to a small brook. Situated amidst verdant countryside, this property lies in an exclusive conversion courtyard where each unit enjoys its own outdoor space and parking provisions. Nearby Abbots Bromley boasts an array of amenities including shops, schools, local pubs, and community facilities—all enhancements that underscore the area's appeal. Additionally, it has been recognized as one of the top places to live in the Midlands. The property falls within key school catchments for local education institutions and offers convenient access to major roadways like the A515, A50, and A38, making travel to commercial hubs easy. Nearby rail links facilitate journeys to Birmingham and London while international airports are within driving distance. It is important to note that while there is potential access to private water supply via neighbouring land—currently operating informally—a suitable treatment system would need installation for optimal use.

Investment Analysis

(WS15 area)
Area Average
£279/sq ft
Avg Rent (weekly)
£224
Avg Yield
3.4%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (WS15)

Area prices are rising by +8.9% over the last 12 months
3 year growth: +7.0%
5 year growth: +19.9%
Investment Disclaimer: Analysis based on WS15 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

Development Opportunity at Parkgate Lane, Abbots Bromley, WS15
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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.

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