Major development site opportunity in Dudley.

Massive added value potential is available with this development site in Dudley, West Midlands. With frontage onto Vicarage Road, close to the junction with Flavell Street, the site extends to approximately 0.5 acres, and currently comprises three derelict buildings and a yard area. Historic planning (now lapsed) was approved under Dudley Council Reference P22/1433 (October 2022) for demolition of existing buildings and the erection of 12 apartments (being 8 x 2 bed and 4 x 1 bed). In addition, a pre-planning application (PRE25/00292 – October 2025) has been approved in principle for renovation of the existing buildings and an additional 12 apartments. Any development would, of course, still be subject to the required planning consents. The exciting GDV potential, allied with competitive Guide Price, is sure to attract strong levels of demand from builders and investors and early expression of interest is essential.

Tenure

Freehold

Area

Vicarage Road lies within the sought after Woodsetton area in the West Midlands, with the surrounding area comprising an established residential area. Dudley town centre is just minutes away and offers a wide range of retail, leisure and education options. Public transport services and road links are also close by.

Local Authority

Dudley Metropolitan Borough Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.