This unique freehold development site offers an exceptional investment opportunity with detailed planning approval already in place for six executive family homes. Spanning 1.22 acres, this property is strategically located in the desirable semi-rural community of Rangeworthy, South Gloucestershire, with easy access to Yate and Chipping Sodbury, and within commuting distance to Bristol.
The site benefits from Technical Details Consent for constructing six detached four-bedroom homes, featuring various thoughtfully designed layouts that cater to market demands while ensuring energy efficiency. With a total Gross Internal Area of 11,152 SqFt (1,036 SqM), there's significant potential for profitability in the local housing market; estimates place the Gross Development Value (GDV) around £5 million to £5.5 million.
Most pre-commencement conditions have been discharged, streamlining the development process further. The established infrastructure and existing residential environment enhance the appeal for future buyers or tenants.
With convenient access to public transport options and local amenities—including shops, schools, and recreational areas—the site's potential is heightened by its proximity to urban conveniences combined with a tranquil countryside setting. The seller will remove any remaining structures upon completion, allowing for immediate commencement of construction once the final checks are made.
