Land for sale

The Property
A fantastic development opportunity with full planning consent for THREE new houses. The approved scheme comprises of one 3 bedroom bungalow and a pair of 2 bedroom semi-detached homes. The approved scheme incorporates a private access driveway, off-street parking, 2 garages and landscaping. A rare opportunity to acquire a building plot in this highly sought-after location in the centre of the village of Castle Caereinion, Welshpool.

Nestled beside the village Conservation Area and surrounded by rolling countryside, Castle Caereinion enjoys a peaceful, rural character whilst being just minutes from the market town of Welshpool and all of its amenities (supermarkets, restaurants, schools, medical centres) as well as a well served rail connection to Shrewsbury and the wider West Mids. region. Castle Caereinion is known for its welcoming community, attractive period homes, and close proximity to walking routes. The area's blend of natural beauty, heritage charm, and accessibility makes it an increasingly attractive place to live.

KEY FEATURES

-Powys Council Planning Permission Reference Number 25/1709/REM
-‘Shovel ready’ development on a large, clear, flat 0.28 acre site.
-Site has or is very near to all required utilities (water, foul, electric and phone).
-Strong demand for small and medium sized homes in the village of Castle Caereinion from the local population and English retirees.
-Onsite electric pole transformer relocation into a ground-based cabinet to be paid for by the electricity supplier (already contractually agreed).
-Vacant possession and no onward chain.
-No VAT on the sale.
-No CIL on the development.
-No social housing requirements or Section 106 agreements to oblige with the Council.
-GDV of circa £850k for 3 no. new dwellings.
-Other planning consents granted on the site which could alternatively be implemented include the erection of one very large house with a detached annex (24/0988/FUL) or a 2-house scheme (24/1893/FUL).

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.