Land at Peartree Lane, Cradley Heath, West Midlands - Available by private treaty
development land with previous planning for 31 units
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.
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 Birmingham new street station.
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 £5,000 + VAT upon exchange of the contract.
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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.
|Property Type||%||Avg. current value||Avg. # beds||Avg. # bathrooms|
|End terrace house||5.5%||£152,500||2.3||1.3|
|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)|