House For Sale Pinewood Close, Birmingham, B45

£10,750

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Last Updated: 8th April 2024

Description

Full Site Address : Gunner Lane, Rubery, Birmingham, B45 9EX\r
Plot No : 38\r
Viewing : Open Viewing \r
Tenure : Freehold \r
Approximate Size : 1307 square feet \r
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Description\r
We are proud to offer this good-sized plot of Land and a great investment opportunity in the heart of the developing area of Birmingham with development earmarked in and around the surrounding areas with the city center well advanced in construction due to the positive changes the new high-speed link will bring. The new HS2 will provide a new high-speed rail link which will reduce Birmingham to London journey times to 40 minutes establishing this an up and coming also sought-after area which will still allow you to reach the UK's financial hub in less than an hour, making an ideal investment opportunity for future growth and demand. A freehold plot of land with potential future hope value also for future development subject to the required planning consents. This plot measures 1307 Square feet and is available for many uses. \r
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Available for many uses including potential self-build \r
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Size\r
1307 Square Feet \r
0.03 Acres \r
121.406\r
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The average size of a 3 Bedroom house in the UK is 980 sqft \r
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Location \r
The plot is situated north of Gunner Lane and provides the potential for storage or agricultural/allotment-type uses. Potential for future development is subject to planning, close to a residential area and local amenities. \r
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Local Information \r
Within 7 Miles of the new HS2 being developed will provide a new high-speed rail link which will reduce Birmingham to London journey times to 49 minutes. \r
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House prices in the area have risen 3.6% each year since 2020 making it a sound investment alone based on annual land appreciation on average 10%. \r
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Tenure \r
Freehold \r
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Planning Enquiries \r
Please get in touch with Local Authority Bromsgrove \r
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Viewing \r
Please visit the site unaccompanied during daylight hours. AssetBay has not fenced off the plot and the plots are not marked out on the site
Agent Details
Asset Bay
The Corner House, 2 High Street, Aylesford, ME20 7BG

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested