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Land for sale
Pershore Road (LAND w/ planning), Stirchley, B30 2YJ
£245,000
Pershore Road (LAND w/ planning), Stirchley, B30 2YJ
£245,000
Our Summary
- Land with Planning Approved for 5 Apartments | Excellent Location | spv Sale (0
- For sale – development opportunity
- Planning Approved for 5 Apartments | Excellent Location | spv Sale (0
- •Planning permission granted for a block of 5 residential apartments
- •Opportunity to increase number of units subject to planning approval
- 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/pa
- 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
- Land with Planning Approved for 5 Apartments
- Opportunity to increase number of units subject to planning approval
- Planning Reference: 2018/02977/PA
Description
This is a rare development opportunity in a prime location on Pershore Road, between Selly Oak and Stirchley, two of Birmingham's fastest-growing neighborhoods. Planning permission has been granted for a block of 5 self-contained apartments, offering excellent investment potential with strong yield and long-term growth prospects. The site benefits from excellent connectivity, with easy access to the A38 and Birmingham city centre, and is surrounded by strong rental demand and capital growth potential. The sale is being made via a Special Purpose Vehicle (SPV), which allows for a reduced stamp duty payment of just 0.5% of the purchase price of the shares. This is a unique opportunity to acquire a prime development site in a highly sought-after area, with potential to increase the number of units subject to planning approval.