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Wood Lane, Wedges Mills, Cannock

West Midlands

£355,000

Listed on 10/07/2026

Property details

Bedrooms
N/A
Type
Plot

Description

This property presents a unique investment opportunity set over approximately 16.64 acres of both pastureland and woodland, complete with planning approval for the construction of a four-bedroom dormer bungalow. The land is strategically located on the southern outskirts of Cannock, ensuring a blend of serene rural living and convenient access to urban amenities. The planning consent allows for the development of a dwelling with specific agricultural occupancy conditions, making it ideal for those looking to build within a designated Green Belt area while taking advantage of its natural surroundings filled with mature trees protected by a Tree Preservation Order. Interested parties should conduct their own research into service connections, as mains water availability is suggested but not guaranteed. This property offers substantial potential for prospective homeowners or developers willing to navigate the outlined planning parameters.

Investment analysis

(WS11 area)
Area Average
£254/sq ft
Avg Rent (weekly)
£255
Avg Yield
5.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (WS11)

Area prices are stable by -1.3% over the last 12 months
3 year growth: +3.8%
5 year growth: +12.8%
Investment Disclaimer: Analysis based on WS11 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

Wood Lane, Wedges Mills, Cannock
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,341
Based on a loan of £266,250 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.

Next Steps

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