Our ‘Property Highlight’ series continues with this attractive residential development opportunity in the small village of Middletown, near Welshpool, Powys, UK.
The site, known as the land adjacent to The Fron, occupies a convenient location on the fringe of Middletown village, on the Shropshire and Wales border, situated between the attractive market towns of Welshpool and Shrewsbury.
It extends to approximately 3.41 acres (1.37 hectares) and is fairly regular-shaped, with far-reaching views over the surrounding countryside due to its elevation. Outline planning permission was granted by Powys County Council in April 2018 for the development of 25 dwellings, including 5 affordable, as well as the construction of vehicular access and provision of an attenuation pond. Further information can be obtained using planning reference P/2017/0010.
A host of local amenities can be found in nearby Welshpool, just 7 miles to the south west, including educational services, shops and a mainline Railway Station. A wider range of amenities can be found in Shrewsbury, 13 miles to the east, including a number of highly regarded schools, independent and national retailers, restaurants and leisure facilities.
In short - an opportunity worth some serious consideration.
The case details
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Financial details
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Agents figures
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Market data
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Investment details
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Development
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By the team at Navian, Published March 8, 2023
