**Standout Features:**
- Freehold site with approved planning for the development of **28 residential apartments**.
- Potential for an **alternative scheme of 45 residential units**, subject to planning.
- **0.5 acres** centrally located on the corner of Moor Street and Addison Road.
- Vacant two-storey former office building on site, providing a significant footprint of **22,500 sq ft**.
- Prime access to the **Stourbridge Extension Canal** and local amenities.
**Potential Concerns:**
- **High local crime rates** and an area classified as economically deprived.
- Existing site requires redevelopment, currently in **derelict condition**.
**Property Summary:**
Seize a unique investment opportunity with this freehold development site in the heart of Brierley Hill, Dudley. Spanning approximately 0.5 acres, the site boasts planning approval for **28 residential apartments**, with a promising alternative plan for **45 units** awaiting consideration. Located at a high-visibility corner, this triangular plot offers excellent access to local amenities and major roads, making it ideal for residential development.
While the former office building requires significant redevelopment, its substantial size of **22,500 sq ft** opens the door to various design possibilities to create desirable living spaces. Despite the area's challenges, including higher crime rates, the site presents excellent potential for rental income and future growth, catering to both investors and developers looking to create new housing solutions. Don’t miss this chance to capitalize on a compelling residential venture in a developing area. Act swiftly as opportunities like this are rare!
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