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Plot for sale
Residential Property with Business Aspect on Bittell Farm Road, Alvechurch, Birmingham, B48 7AF
£1,500,000
Residential Property with Business Aspect on Bittell Farm Road, Alvechurch, Birmingham, B48 7AF
£1,500,000
Our Summary
- Currently, the main residence is suitable for an extended family including a 'guest wing' or annex facility and there is potential for further development (subject to planning permission)
- One of the more notable aspects is the fantastic development potential
- Outline planning permission was granted in May 2022 for the demolition of Bridge Farm house for the construction of up to 8 single storey dwellings (4,788 sq
- Not only is the paddock a fantastic addition to the plot, it offers a number of opportunities for current use but also potential future development
- Development Opportunity
- Full plans and other supporting information can be found on the Bromsgrove planning portal, reference 21/01008/OUT
- There may also be possibility to upgrade and expand the accommodation of the three existing cottages (subject to planning permission)
- Opportunity to adapt the development plans may be possible subject to detailed planning, allowing more flexibility to a developer
- The paddock has been incorporated into the planning as a beautiful communal garden for the residents of the site to enjoy but also offers development potential for the future (subject to planning permission)
Description
This substantial 4,632 sq. ft detached residence, known as Bridge Farm House, sits alongside three separate cottages on a 1.86-acre plot in a rural location with easy access to the Midlands motorway network and local amenities. The property offers a wealth of opportunities, including potential for further development (subject to planning permission) and a significant rental income of £48,000 per annum from the three cottages. The main residence features a versatile layout, including a "guest wing" or annex facility, while the three cottages provide a successful short-term rental income. The plot also has outline planning permission for the demolition of Bridge Farm House and the construction of up to 8 single-storey dwellings, creating a unique and luxurious development opportunity.