£1,250,000

22 bedroom block of apartments for sale

Hagley Road, Birmingham B17
flat flat
bedrooms 22 bedrooms
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Property description

The property comprises a former 22-bedroom care home arranged over ground, first, and second floors. The ground and first floors offer former living accommodation, while the second floor was previously used as office space.Originally constructed as two semi-detached houses, the buildings were later combined to operate as a single care facility. Despite this, each original property retains its own independent access.To the rear, there is a substantial garden area alongside a section of hardstanding that was previously used for car parking. This rear land benefits from access via a small lane leading to Barnsley Road. Subject to the necessary consents, we believe there is potential for residential development on this rear section.The property is prominently located on Hagley Road, a major arterial route connecting Birmingham City Centre to the M5 motorway, passing through the sought-after area of Edgbaston, where the property is situated.Hagley Road is characterised by a mix of residential and hotel uses, with a range of retail and local amenities available just a short two-minute walk away on Bearwood Road.Freehold opportunities on Hagley Road are rare, as most properties in the area are held on long leaseholds.Tenure- FreeholdPlanning
There are currently no planning consents in place. However, we believe the property presents a number of development opportunities, subject to obtaining the appropriate permissions. These may include:Conversion back into two separate residential dwellingsConversion into self-contained residential flatsRear extension of the existing buildingDevelopment of new residential accommodation on the rear landPrevious (unsubmitted) plans were prepared for a rear extension to accommodate an additional 16 bedrooms for the care home. These plans are available upon request for illustrative purposes only.VAT
The property is not elected for VAT.Note
Floor areas are approximate and should not be relied upon.
EPC Rating: D
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First listed

Over a month ago

Hagley Road, Birmingham B17

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Move Estate Agents & Lettings - Worcester 7 Reindeer Court Worcester, Worcestershire WR1 2DL
Call agent on 01905 946646
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