Summary - Prospect Row, Dudley DY2 8NP
1 bed 1 bath Land
Planning consent for 14 flats close to Dudley town centre and tram connections.
- Freehold land with planning for 14 apartments (8 one-bed, 6 two-bed)
- Sold by modern auction; undisclosed reserve and buyer fees apply
- Non-refundable reservation fee 4.5% (min £6,600) payable on purchase
- Requires demolition of existing buildings before development
- Small urban plot; compact multi-storey block layout
- Very high local crime and a very deprived area—security concerns
- Excellent mobile signal and fast broadband; no flooding risk
- EPC awaited; services and appliances untested
This freehold development plot in central Dudley has planning permission for 14 apartments (8 x one-bed, 6 x two-bed) following demolition of existing buildings. The site is compact but designed for a modern, multi-storey block with communal landscaping and easy access to the town centre and nearby tram link to Birmingham.
The opportunity suits investors seeking a near-term planning-consented build with rental potential and strong digital connectivity—fast broadband and excellent mobile signal are recorded. There is no flooding risk and several well-rated primary and secondary schools within reach, supporting lettability for local families and professionals.
Buyers should note material transactional and site considerations: the sale is by modern auction with a non-refundable reservation fee (4.5% of purchase price, minimum payable), additional buyer fees, and an undisclosed reserve price. The scheme requires demolition works before construction and the area faces very high crime levels and significant deprivation, which will influence management, security and lettings strategy.
EPC is awaited; services and fixtures have not been tested. Prospective purchasers should review the buyer information pack, confirm financial arrangements with lenders before bidding, and factor in demolition, build costs and enhanced security measures when assessing projected returns.
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