Property Unavailable
Asking Price £5,000,000

5 bed land (residential) for sale (ref: 504513)


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5 bedroom


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Key Features

  • Potential Freehold Development Opportunity (STP)
  • No Planning History
  • Approx. 2.24 Acres (0.91 Hectares)
  • Perfect for High Value Housing Development or Luxury Retirement Homes
  • Sought After Location
  • Subject to Planning / Unconditional Offers Considered
  • Option to Purchase Existing Property Available

Property description

Potential Development Opportunity (STP) including a stunning large detached family home with plans for conversion and extension - Large scale development opportunity for sale in one of the area's most sought after spots.

DetailsDM&CO are delighted to offer for sale one of the area’s last hidden gems, a potential development opportunity (STP) positioned just off Jacobean Lane, Knowle – a highly sought after location.

Offering circa 2.58 acres (1.04 hectares) of freehold land, this opportunity would be perfect for a high value housing scheme or luxurious retirement development.

The land is square shaped with access from Jacobean Lane to be arranged along with necessary planning permissions of which there is currently no history of submissions for development. The land sits behind and includes a stunning large detached family home as pictured which has had plans drawn for a substantial extension and conversion (STP) which can be made available upon request.

PropertyA stunning and substantial five/six bedroom detached family home with potential for extension and renovation for which the vendor has had plans drawn up and can be made available upon request.

The property comprises spacious welcoming entrance hallway leading through to downstairs W.C., living room, sitting room, conservatory, fitted kitchen and separate dining room. To the first floor the property offers five/six double bedrooms with two en suites and one main family bathroom with large jacuzzi bathtub.

The rear garden offers a summer house and outdoor swimming pool.

LocationThe land is situated in Copt Heath, just north of the prestigious village of Knowle. Approximately 10 minutes’ drive is Solihull town centre and access to the national motorway network is readily available via Junction 5 of M42 motorway which sits less than one mile from the property. Rail services can be accessed via Dorridge Railway Station which is circa 2.5 miles away.

OffersOffers are invited on a subject-to-planning and/or unconditional basis with a deadline date for offers of 2.9.2022. All offers are to be submitted on or before the above mentioned date along with:
-Offered Amount
-Summary of Intentions
-Proof of Funding
-I.D. (Photographic)

TenureWe understand that the property is Freehold.

PlanningWe understand that the land is designated Green Belt and advise all interested parties to make their own enquiries with local authorities, Solihull Metropolitan Borough Council, with regards to planning and independently satisfy themselves as to the suitability of the site for their intended use(s).

ServicesInterested parties are advised to independently satisfy themselves as to the existing and available services on site.

Ground Conditions & ContaminationInterested parties are advised to undertake their own investigations relative to ground conditions and contamination.

Plans/PhotographyAll plans and photographs issued are for indicative purposes only and their accuracy is not guaranteed.

FeesBuyer to pay agent’s introductory fee, upon exchange of contracts, of 2% of the agreed sale price plus VAT.

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Location


Shortlist

Further Details

  • Status: Unavailable
  • Tenure: Freehold
  • Tags: Development Opportunity, Garden, Retirement
  • Reference: 504513

Stamp duty due

Based on a sale price of £5,000,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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