£750,000

Petford Street & Peartree Lane, Cradley Heath, B64 (ref: 28976488)

Shortlist

Key Features

  • Outline Planning Consent
  • 31 x 1 & 2 Bed apartments
  • Ref Sandwell DC/17/60896
  • Relatively Flat Site With Some Clearance Required
  • Freehold
  • Located in a well established residential area
  • Anticipated GDV £3.4m
Outline consent granted for 31 apartments close to Cradley Heath train station. Anticipated GDV of £3.4m. More details available upon request.

Description - Peartree Lane sits on a plot of 0.37 acres and is well placed for all things local. The site itself is fairly level with ground clearance required. The site is 0.7 miles away from Old Hill train station which has direct trains running to Snow Hill, Birmingham and Marylebone, London. Junction 3 of the M5 is only 4.2 miles away so this site is perfect for buyers who would commute regularly. Cradley Heath & Halesowen town centre has a huge choice of shops bars and pubs and is a short walk from site. Other nearby conveniences include Haden Hill Leisure Centre, a large Tesco supermarket, choice of 2 primary schools.

Services
No Gas, Water or Electric is connected to the site

Tenure: Freehold

Planning Consent: The site has approval Sandwell DC/17/60896 for a residential development of 31 apartments with parking. The apartment types will in our opinion appeal to a wide audience from first time buyers through to investors.

Covenants: The purchaser shall be responsible for both the connection to all services and satisfying and discharging all planning conditions contained within the planning permission

Tenure & Possession: The development is freehold and is being offered for sale with vacant possession upon completion.

Local Authority: Sandwell Council

Planning Application: DC/17/60896 The aforementioned details are set out as a general outline only for the guidance of intending purchasers and do not constitute, nor constitute part of an offer or contract. All descriptions, dimensions, references to condition and necessary permissions for use and occupation and other details are given without responsibility and any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness.

Method of Sale: The property is being offered for sale by private treaty.

For much more detail including site plans and pricing schedule for the proposed units call Simon on 07722 550 056 or email simon.senior@lexallangrove.com

BUYERS NOTE : ALL BUYERS MUST SATISFY THEMSELVES THAT THEY HAVE UNDERTAKEN ALL RELEVANT DUE DILIGENCE PRIOR TO OFFERING. WE ARE MORE THAN HAPPY TO SEEK CLARITY FROM THE LAND OWNER BEFORE INSTRUCTING SOLICITORS.

Stamp Duty Due

Based on a sale price of £750,000 the total amount of stamp duty payable will be:

£27,500 *

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Images

Further Details

  • Type: Land
  • Status: Available
  • Reference: 28976488

Amenities

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