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Land for sale
1 Streetly Road, Birmingham, West Midlands, B23 7BH
£750,000
1 Streetly Road, Birmingham, West Midlands, B23 7BH
£750,000
Our Summary
- Offers based on £750,000 are invited on a subject to planning basis
- Freehold Residential Development Opportunity The site is approximately 0
- Planning The vendor has gained two pre-planning approved designs as follows:- Design 1 (HAPPI Sheltered Housing for over 55s) A pre-application approved design for 44-46 apartments over 3,844 sqm (41,376 sqft)
- Two separate pre-planning approved schemes
Description
This property is a freehold residential development opportunity located in Stockland Green, Birmingham, with a vacant former bingo hall and cinema on a 0.19 hectare site. The existing building is 6 storeys high and has a total floor area of 20,715 square feet. The property is situated on a prominent junction, with a mix of local shops, pubs, and restaurants in the surrounding area. The local character is urban and built-up, with wide tree-lined boulevards and setback buildings. The site has strong transport links, with bus routes and a train station nearby. The vendor has gained pre-planning approval for two designs: a 44-46 apartment scheme for over 55s and a 51-55 apartment build-to-rent scheme. Alternative schemes may be considered, and the vendor has previously had plans drawn up for a 61-63 unit scheme for housing associations or charities. The property is being sold on a subject-to-planning basis, with offers invited based on £750,000.