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land (residential)Cwm Lane, Castle Caereinion, Welshpool, SY21 9AR

£200,000


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 up to £900k 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).


Address
Cwm Lane, Castle Caereinion, Welshpool, SY21 9AR
Price
£200,000
Property Type
Other
Bedrooms
0
Bathrooms
1
Tenure
Freehold
  • Other
  • No Onward Chain
  • Approx 0.28 Acre Site
  • Consent For THREE New Houses
  • Planning Permission Reference Number 25/1709/REM

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£300,000

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