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50 bed property, in Wyegate Close- 50 En-Suite Former Carehome, £2,699,999
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50 bed property

Wyegate Close- 50 En-Suite Former Carehome, Birmingham B36
Planning
£2,699,999

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Our Summary

  • Planning Approved Scheme for 28 Self-Contained Apartments
  • Full Planning Permission Granted for Residential Conversion
  • Potential To Increase Registration With Internal Conversion Or Extensions (STP)
  • Ready for Immediate Development /Occupation
  • Description The OPA are pleased to present an opportunity to acquire this substantial former care home offering a rare and exciting redevelopment opportunity in the sought-after residential area of Castle Bromwich, approximately 8 miles east of Birmingham City Centre
  • The property is offered with vacant possession, allowing for immediate commencement of development or potential alternative use, subject to planning
  • Further scope exists to enhance value through internal reconfiguration or extensions (STP), including the possibility of increasing unit numbers or care registration if required
  • 506 Hectares) Planning / Conversion Opportunity Full planning permission has been granted for conversion into a well-balanced residential scheme of 28 self-contained apartments, including 14 one-bedroom units, 12 two-bedroom units, and 2 three-bedroom apartments
  • This mix is ideally suited to meet strong local demand from a range of occupiers, making it an appealing proposition for developers and investors alike

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Description

The property is a substantial former care home located in Castle Bromwich, approximately 8 miles east of Birmingham City Centre. It sits on a 1.25-acre site, comprising four units with a total of 50 en-suite bedrooms, each approximately 13.6 Square Meters. The property features brick elevations, uPVC double-glazed windows, pitched tile-covered roofs, and a single passenger lift.

There is ample parking to the front and rear, as well as secure garden areas. The site has planning permission for conversion into a residential scheme of 28 self-contained apartments, comprising one, two, and three-bedroom units.