Land for sale

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Land for sale

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 is a freehold residential development opportunity in Stockland Green, Birmingham, comprising a vacant former bingo hall and cinema on a 0.19 hectare site. The existing building, which rises to six storeys, has a total floor area of 20,715 square feet and is located on a prominent junction of Streetly Road and Marsh Lane. The site benefits from 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 sheltered housing scheme and a 51-55 apartment build-to-rent scheme. The property is being sold on a subject-to-planning basis, with offers invited based on £750,000. The vendor is open to considering alternative schemes and has previously had plans drawn up for a 61-63 unit scheme for housing associations, charities, or institutions.