Property With Potential Logo Property With Potential - return to homepage
Pershore Road, Birmingham B30 Land for sale

>

Pershore Road, Birmingham B30 Land for sale

Pershore Road (LAND w/ planning), Stirchley, B30 2YJ
£275,000

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 development opportunity is located on Pershore Road, between Selly Oak and Stirchley, two of Birmingham's fastest-growing neighborhoods. Planning permission has been granted for the construction of a block of 5 self-contained apartments, making it an excellent investment opportunity with strong yield potential and long-term growth. The site is situated close to the University of Birmingham and Queen Elizabeth Hospital, and has easy access to the A38 and Birmingham city center. The property is being sold via a special purpose vehicle (SPV) sale, which means that stamp duty is only 0.5% of the purchase price of the shares. The site also has electricity, gas, and water connectivity all paid for, and there is potential to increase the number of units subject to planning approval. With strong rental demand and capital growth potential, this property is an attractive opportunity for investors and developers alike.