Land and potential development opportunities abound in the next Bond Wolfe livestreamed property auction to be held on Thursday 14 September.
Top of many investors’ list will be land off Ridding Lane & Addison Street, Wednesbury, This L-shaped freehold site already has planning permission for the development of five houses.
Colin Totney, land and development surveyor at Bond Wolfe, said: “In conjunction with other land, permission to develop was granted by Sandwell Metropolitan Borough Council in June 2022.
“The current permission envisages the development of five houses comprising a terrace of four 2 bedroom houses and a separate three bedroom detached house.”
The site has a guide price* of £250,000+.
And a freehold parcel of land at Cole Valley Road/Highfield Road, Hall Green, Birmingham, of approximately 0.48 acres may have development potential too, subject to planning permission, and comes with a guide price of £20,000+.
A 2,420.33 sq ft plot between 499 & 503 Lode Lane, Solihull, in a popular and affluent area, may be suitable for residential development, subject to planning permission, and has a guide price of £20,000+.
In Halesowen, land Adjoining 61 Lyttleton Avenue has planning permission for the development of a three bedroom house and a guide price of £80,000+.
On land adjoining 55 Glenthorne Avenue, Worcester, there is planning permission already in place to construct a two bedroom detached house. This lot has a guide price of £45,000-£50,000.
But one of the star lots will undoubtedly be a prime plot of land on the edge of the highly desirable Worcestershire village of Hagley. Next to existing residential areas, the seven-acre parcel will attract considerable interest from developers across the country with an eye for potential sites.
The 7.4 acre plot on the corner of Pedmore Hall Lane and Hagley Road, between Hagley and the Pedmore area of Stourbridge, will go under the hammer with a guide price of just £69,000+.
These opportunities are among 180 lots that are appearing in Bond Wolfe’s next auction, which will start at 9am on Thursday 14 September.
If you have a property you are considering selling, visit https://www.bondwolfe.com/free-property-appraisal/ email auctions@bondwolfe.com or call 0121 312 1212 or 01902 928 510 for advice or to arrange a free no obligation valuation.
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* Each property is subject to a reserve price which may be different from the guide price. Please refer to the Important Information and legal pack(s) for further information and any additional fees which may apply.
For further information, please contact:
Suzanne Randell, Operations Director,
Bond Wolfe, 1st Floor, 75/77 Colmore Row, Birmingham B3 2AP
0121 312 1212, SRandell@Bondwolfe.com
Twitter – @BondWolfe
