A prominent development site in a sought-after area of Birmingham is available for sale with commercial agents Bond Wolfe, with an asking price of £1.35 million.
The site at Cornerways, 1 Hagley Road West, has planning permission for eight two-bedroomed apartments in addition to an existing block of four maisonettes.
James Mattin, managing director of Bond Wolfe, explained that the site currently comprises a two-storey building of four two-bedroomed maisonettes.
A stand-alone garage block has already been demolished under the approved planning permission in readiness for development.
Mr Mattin said: “Set back from the main Hagley Road West, there is land to the side of the existing block which allows for development of a three story block of eight new build two-bedroom apartments with associated car parking.”
The consented plans would form 5,896 sq ft of new-build development.
The site is at the junction of Hagley Road West and Lordswood Road on the southwestern periphery of Birmingham.
Mr Mattin said: “This is an excellent development opportunity in a prime and prominent position, approximately four miles west of Birmingham city centre and one mile north of the centre of Harborne.”
The site occupies the corner plot of a significant junction along Hagley Road West and the surrounding area predominantly comprises of detached dwellings situated on generous plots of land.
An area of open parkland separates the site from a denser arrangement of terraced housing to the north.
Hagley Road is a principal arterial route leading from Birmingham city centre and to the M5 motorway, which is three miles to the west of the site.
Those interested in this prime development project can find more details at https://cdn.eigpropertyauctions.co.uk/ams/images/489/auction/0/c9953a1a-27cb-4f92-af56-cc21d04427cb or contact James Mattin on 0121 524 1172 or at [email protected].