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Pershore Road, Birmingham B30 Land for sale

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Pershore Road, Birmingham B30 Land for sale

Pershore Road, Birmingham B30
£245,000

Our Summary

  • FOR SALE – DEVELOPMENT OPPORTUNITYPershore Road, Stirchley/Selly Oak, BirminghamPlanning Approved for 5 Apartments | Excellent Location | SPV Sale (0
  • 5% Stamp Duty)Key Features:•Planning permission granted for a block of 5 residential apartments•Excellent investment location close to University of Birmingham & Queen Elizabeth Hospital•Sought-after area with strong rental demand and capital growth potential•Easy access to A38 and Birmingham city centre•Sale via SPV – 0
  • 5% stamp duty payable•Electricity, gas and water connectivity all paid for•Opportunity to increase number of units subject to planning approvalFull Description:A rare opportunity to acquire a prime development site on the popular Pershore Road, located between Selly Oak and Stirchley, two of Birmingham's fastest-growing neighbourhoods
  • Planning permission has been granted for the erection of a residential block consisting of 5 self-contained apartments
  • This makes the site an excellent investment opportunity with strong yield potential and long-term growth
  • Planning Reference: 2018/02977/PAPlease Note:This is a SPV (Special Purpose Vehicle) sale, meaning the company owning the site will be transferred to the buyer – offering potential stamp duty savings
  • LAND with Planning Approved for 5 Apartments
  • Opportunity to increase number of units subject to planning approval
  • Planning Reference: 2018/02977/PA

Description

This development opportunity in Stirchley/Selly Oak, Birmingham, offers a prime location with planning permission granted for a block of 5 residential apartments. The site is situated near the University of Birmingham and Queen Elizabeth Hospital, making it an excellent investment location with strong rental demand and capital growth potential. The property benefits from easy access to the A38 and Birmingham city centre, and electricity, gas, and water connectivity are all paid for. The sale is being conducted via a Special Purpose Vehicle (SPV), which allows for a reduced stamp duty payment of 0.5% on the purchase of shares. The property offers a rare opportunity to increase the number of units subject to planning approval, making it an attractive investment opportunity for developers and investors alike.