0 bed Land (for sale) Land At Peartree Lane, Cradley Heath, West Midlands B64

£500,000
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NALC auctions
The Kiln Second Floor, Waterside Mather Road, Newark
01636 358325
First Published

30th Mar 2022

Last Published

19th May 2022

 

Features

  • Type: Land
  • Bedrooms: 0
  • Listing status: sale
  • Country: England

Description

Land at Peartree Lane, Cradley Heath - For sale by our joint auctioneers London City Auctions in their 31st May auction, online or in person at the Hard Rock Hotel at 2pm

Freehold

Description:
Pear tree Lane sits on a plot of 0.37 acres. The site has outline planning consent for 31 Apartments with Parking.
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.

Location:
This land situated upon the junction of Petford street and Peartree lane in the Cradley Heath area, this area has plenty of local amenities including Redall primary school, Ormiston forge academy, Haden Hill Park, shops, pubs and restaurants.
Birmingham is half an hours drive away via Hagley Road West. Old Hill railway station is less than a mile from Petford Street which links to to Birmingham new street station.

Buyer’s Premium:
Applies under the fall of the hammer. The purchaser shall pay 10% deposit. Plus, in addition, a buyer’s premium of 2% of the sale price, minimum of £5000 + VAT upon exchange of the contract.

Please feel free to contact our sales and enquires team on or Email us at

When registering to bid with us we will require 2 forms of id (Passport, Driving Licence) to fit in line with the Anti Money Laundering Act.

 

Local info for B64

 

Property Value Data/Graphs for B64

Property Type % Avg. current value Avg. # beds Avg. # bathrooms
Detached house 28.8% £295,426 3.2 1.4
Semi-detached house 23.3% £218,471 3.1 1.4
Flat 16.4% £114,779 1.8 1
Terraced house 13.7% £159,395 2.8 1.2
Detached bungalow 8.2% £257,500 2 1
End terrace house 5.5% £152,500 2.3 1.3
Bungalow 1.4% £270,000 2 2
Other 1.4% £1,100,000 19 19
Town house 1.4% £240,000 4 1

Area Information

Average Price Paid

£0

Sales

0

Current Average Value

£228,140

Value Change

£228,140 0%

 

Current Asking Prices in B64 Average: £228,140

Property Type 1 Bed 2 Beds 3 Beds 4 Beds 5 Beds
Houses £125,000 (1) £196,600 (15) £227,144 (34) £322,500 (8) £400,000 (2)
Flats £99,150 (3) £119,989 (9) - - -
All £105,613 (4) £167,871 (24) £227,144 (34) £322,500 (8) £400,000 (2)

Nearby Properties

0 bed Land () Broad Street, Edgbaston, Birmingham B15 £18,000,000
0 bed Land () Suttons Drive, Great Barr B43 £7,000,000
7 bed Detached house () Bradford Lane, Belbroughton, Stourbridge, Worcestershire DY9 £4,500,000
6 bed Detached house () Woodbourne Road, Edgbaston, Birmingham B17 £4,000,000
6 bed Detached house () Edgbaston, Birmingham B15 £2,799,500
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