Summary - 5 WELFORD PLACE COVENTRY CV6 5NZ
1 bed 1 bath Plot
**Standout Features:**
- Prime development plot in Coventry with full planning permission.
- Approved for two new 3-bedroom dwellings.
- Planning permission granted January 15, 2025, valid for three years (PL/2024/0002376/FUL).
- Estimated Gross Development Value (GDV) of £370,000.
- Affordable guide price of £90,000.
- Excellent mobile signal and fast broadband speeds.
- Convenient urban location with diverse amenities nearby.
**Summary:**
Unlock the potential of this prime plot of land at 6-8 Welford Place, Coventry, an exciting development opportunity approved for two 3-bedroom homes. With a guide price of just £90,000, this freehold site boasts full planning permission valid until 2028, allowing you ample time to begin construction and capitalize on an estimated Gross Development Value of £370,000. This location is surrounded by a vibrant urban community, offering a wealth of amenities within walking distance, making it an ideal investment for developers and investors alike.
While the property’s surrounding area is described as having higher crime rates, offering potential issues that must be considered, the opportunity for profitability in this up-and-coming location is undeniable. Don’t miss this rare chance to secure a slice of Coventry’s real estate potential—take the first step towards your next investment today!
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