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Property details
Map & nearby

Land for sale in Copeley Hill, Erdington, Birmingham

Sold STC

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Land for sale

Tenure:

Freehold

Council tax band:

Not yet known - New build

Property features

Magnificent Development Opportunity
2 & 3 Bedrooms
Full Planning for 24 Houses
Convenient Location
Buyers Fee Applicable

Property description

*Development Opportunity* *Outline Planning Permission Granted for 24 New Houses*

A fantastic opportunity for a brand new development of two and three bedroomed houses within a convenient location that is less than four miles from Birmingham City Centre. Copeley Hill is a residential road close to spaghetti junction.

We have been advised the following by the current owner of land: Part of the planning permission conditions is the 106 payment of £105,343 is paid upon sale of the 8th dwelling. This payment is for off site open space improvements. The 106 contribution can be further reduced by the developer upon evidence of build costs etc.

Regarding the stamp duty there is none to pay as the purchaser is buying the company, gb Property link which owns the land as its only asset. All the paperwork, share agreements etc has been done and is sitting with solicitors.

The 2 beds will be circa £190,000 and the 3 beds circa £230,000.

Property info

55 Copeley Hill, Birmingham

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hunters - Sutton Coldfield, and do not constitute property particulars. Please contact Hunters - Sutton Coldfield for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.