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Beaconview Rd - The Mill Public House
0.58 Acres of Residential Land Offered at £580,000 in West Bromwich B71 3NX
Investment Highlights
- Freehold residential development site with planning permission
- Consented scheme for 22 x 2 bedroom & 10 x 1 bedroom apartments
- Consent for development of 32 apartments – all conditions discharged
- Advised Gross development value of circa £4,000,000
Executive Summary
Property Facts
Price | £580,000 | No. Lots | 1 |
Sale Type | Investment | Property Type | Land |
Sale Conditions | Development Sale | Property Subtype | Residential |
Tenure | Freehold | Total Lot Size | 0.58 AC |
Price | £580,000 |
Sale Type | Investment |
Sale Conditions | Development Sale |
Tenure | Freehold |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.58 AC |
1 Lot Available
Lot
Price | £580,000 | Lot Size | 0.58 AC |
Price Per AC | £1,000,000 |
Price | £580,000 |
Price Per AC | £1,000,000 |
Lot Size | 0.58 AC |
The proposed development will comprise a detached, six storey apartment building providing 32 x apartments in a mix of 10 x one bedroom and 22 x two bedroom apartments, along with 38 car parking spaces. A breakdown of individual built values showing
Description
The site comprises residential development land extending to approximately 0.237 hectares (0.587 acres) or thereabouts. Previously it was the site of The Mill public house which has been demolished and now affords an irregular shaped parcel of land with frontage to Beaconview Road to the east and Wyndmill Crescent to the north.
Presented by
Beaconview Rd - The Mill Public House
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