SOLD
Peterbrook Road, Shirley, Solihull, West Midlands, B90 1DZ
Just 3 parcels of pasture land for sale suitable for a range of recreational or amenity uses such as hobby farming, or a variety of other uses STPP. The land is bordered to the west by the River Cole and benefits from road frontage onto Peterbrook Road to the east. Access would need to be sought by the purchaser of each lot.
The land lies within the Shirley district of Solihull which has seen significant development recently. Solihull is one of the most affluent areas in the UK outside of London and has twice been voted the “best place to live” in the country.
Land of this size in this location is rarely available and with land values remaining strong in the area, we expect demand to be extremely high.
The land enjoys road frontage onto Peterbrook Road. Access to each of the lots would need the appropriate permission and this would be the responsibility of the buyer.
The land is offered for sale by private treaty. The freehold is available with vacant possession upon completion.
The land is subject to an Overage based on 25% of any uplift in value following the grant of planning permission for development other than that which is for agricultural or equestrian purposes. The Overage period is 33 years from the date of completion.
The land is designated as green belt. Any development would be subject to the appropriate planning permission.
Land values in this region rose by 5% last year.
Pasture land prices in the region are 20% higher than the national average as land values rose again last year, despite numerous challenges in the local market & global economy. This once again shows the inherent resilience of agricultural land as a tangible asset.
With a wide range of potential uses, agricultural land remains an attractive investment for a diverse range of buyers.
This is supported by that fact that, in the past 5 years, land values have risen by 31%, outperforming the FTSE 100, UK property prices and interest from savings in the bank.
If you are looking to buy land in a different location, why not take a look at:
The land is available freehold.
Size | Guide Price |
---|---|
0.116 acres | SOLD |
0.364 acres | SOLD |
0.304 acres | SOLD |
Peterbrook Road, Shirley, Solihull, West Midlands, B90 1DZ
52.395553, -1.854859
Bromsgrove District Council
The land lies within the Shirley district of Solihull; a popular residential and shopping area home to many well-known retailers, independent shops and restaurants. The neighbourhood has seen significant development recently under the ‘New Heart for Shirley’ plan. Opening in 2015, Parkgate is a retail and residential development offering various shops, restaurants, a gym and local library. Building work on further residential properties are still continuing.
The large town of Solihull is the most affluent in the West Midlands, and one of the most affluent areas in the UK outside London. With a variety of shopping facilities and numerous Green Flag awarded parks, leafy Solihull has much to offer and has twice been voted the “best place to live” in the UK.
Birmingham City Centre is just 6 miles away. From museums and attractions to Michelin starred restaurants and the world-famous Bullring shopping centre, Birmingham has something for everyone.
The land benefits greatly from extensive transport links. A short walk to Whitlocks End rail station offers direct links to Birmingham in just 20 mins. The M42 & M40 are both nearby and provide rapid links to Oxford and London and to the rest of the motorway network.
* Journey Times: 20 mins to Birmingham Snow Hill
To arrange a site visit or to buy the land for sale on Peterbrook Road, Solihull; please call 01727 701330 or email enquiries@vantageland.co.uk.
The Property Misdescriptions Act 1991
Vantage Land Limited has produced these particulars in good faith but cannot guarantee total accuracy. Sizes and distances are approximate. Purchasers should verify any detail of importance prior to viewing and purchase. The particulars are not an offer or contract. Comments made in general advertising may not apply to this particular property and of course planning permission cannot be guaranteed.
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