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Goodshaw Lane, Rossendale

West Midlands

£325,000

Listed on 23/09/2026

The listing

Property details

Bedrooms
N/A
Type
Plot

Description

This prime residential development opportunity is located on Goodshaw Lane in Crawshaw Booth, featuring full planning permission (Ref: 2024/0267) for a bespoke detached stone-built home. The approved plan encompasses a high-quality dwelling with landscaped gardens, a driveway, and an integral garage, all set within an attractive semi-rural plot of approximately 605 square meters. Planning permission was granted in October 2024, with key conditions already underway, including submissions for construction management, contamination, and archaeology. The site benefits from favourable ground conditions, allowing for the potential reuse of stone from the footings left after the demolition of previous buildings. An archaeological watching brief is required during ground works due to the historic cottages that once occupied the land. The proposed home promises generous accommodation, including open-plan living and a principal suite with four bedrooms. Remediation work primarily involves a 600mm dig-out, which will be replaced with greenfield soil. Building regulations and SAPs have been drawn up and passed, and five trial holes have shown good ground where the original cottages were located. The site is ready for construction, with the boundary wall recently lowered and repointed. The final step requires an archaeological watching brief lasting 2-3 days while the footings are excavated. The vendor estimates build costs between £200,000 and £250,000, depending on specifications and details, with an estimated end value of around £800,000 to £850,000. Buyers are encouraged to conduct their own due diligence. This land presents an ideal opportunity for a self-build project.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

31out of 100
Grade ELow opportunity

Confidence: LOW

This detached house represents a unique development opportunity with full planning permission already in place for a bespoke stone-built home. The site is cleared and ready for immediate development, making it a compelling option for a self-build project. With estimated build costs ranging from £200,000 to £250,000 and an anticipated end value of £800,000 to £850,000, there's potential for significant value creation.

However, the asking price of £325,000 appears dear in comparison to local averages, which could limit the overall opportunity. While the project has promising elements, including favourable ground conditions and the possibility of reusing existing stone, buyers should remain aware of the archaeological considerations that may require additional attention during the build process.

Key opportunities

  • Full planning permission for a bespoke stone-built home
  • Cleared site ready for immediate development
  • Potential to reuse existing stone from previous buildings

Key risks

  • Asking price appears high compared to local market averages

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Map

Location

Goodshaw Lane, Rossendale
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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£
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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,228
Based on a loan of £243,750 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.

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