This is a noteworthy opportunity to acquire a 0.45-acre plot that offers significant development potential in the West Midlands. The site has previously received planning permission for the construction of seven residential units, though this consent has recently lapsed. Prospective buyers have the chance to reapply and customize their own development plans according to current market needs, pending the necessary approvals.<br><br>The property currently consists of two semi-detached homes, presenting an excellent canvas for redevelopment into multiple dwellings. Given its advantageous location near Redditch Town Centre, there is strong potential for financial uplift with an estimated minimum gross development value (GDV) around £2 million.<br><br>An illustrative layout has been created to provide a visual guide on possible developments, helping you envision the full potential of this site. It’s essential to note that the Energy Performance Certificate (EPC) rating is F, indicating that some upgrades may be needed post-acquisition.<br><br>As with any investment of this nature, it is advisable for buyers to engage professional services before proceeding with plans or offers.
