Building Plots at Cold Green Farm
West Midlands
£350,000
Listed on 01/08/2026
Listed on 01/08/2026
The listing
Property details
Bedrooms
4Type
PlotArea
2120 sqftDescription
Here is a compelling opportunity to invest in a prime residential development site featuring full planning permission for the construction of three new homes. The property currently houses an agricultural steel barn slated for demolition, thereby offering the potential for a fresh development tailored to modern living standards. The approved plan includes two semi-detached four-bedroom properties and one detached four-bedroom, four-bathroom home, all designed to complement the serene rural landscape of the area. Located just a short drive from the picturesque village of Bosbury, this site is surrounded by beautiful countryside while maintaining easy access to larger towns such as Ledbury and Hereford. The planning permission granted by Herefordshire Council under application reference P231887/F allows for development that respects the character of its environment, making this an attractive investment for those looking to create desirable rural residences.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
56out of 100
Grade DWeak opportunity
Confidence: LOW
At £350,000, the site is priced at about £165 per sq ft against a local average of £329, making the asking price a standout opportunity to acquire at a substantial discount. The listing states that full planning permission has been granted to replace the agricultural barn with three homes in an open rural setting near Bosbury; verify the consent, conditions and service connections before proceeding.
This is a heavy development project rather than a renovation of an existing home: the photos show weathered barns, hardstanding and rough ground, with no completed residential accommodation visible. The approved scheme offers scope to create two four-bedroom semis and a detached four-bedroom home, but the overall opportunity remains weak on the score because the project’s investment economics are not established by the available information.
Key opportunities
- The stated consent for two four-bedroom semi-detached homes and one detached four-bedroom home provides a defined three-home scheme to take forward, subject to checking the approved plans and conditions.
- Replacing the agricultural barn creates scope to shape new residential accommodation rather than adapt its existing layout.
- The open countryside setting near Bosbury offers a rural backdrop for the proposed homes.
Key risks
- Weathered agricultural structures, hardstanding, stored materials and rough ground mean a substantial demolition and site-clearance programme before construction, not a cosmetic refresh; allow for the time and coordination of a full development project.
- The available information does not establish the development economics; verify project costs, consent conditions and the suitability of water and electricity connections before committing.
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Transport
Nearest stations
Ledbury Rail Station
3.0 miles
Train · Ledbury
Colwall Rail Station
4.6 miles
Train · Colwall
Great Malvern Rail Station
6.5 miles
Train · Great Malvern
Malvern Link Rail Station
6.9 miles
Train · Malvern Link
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
%
%
years
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,322
Based on a loan of £262,500 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
Pricing
Price history
-22.2% since listed
£350,000£100,000(-22.2%)
02/09/2026£450,000Initial listing
30/07/2026Services
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