Planning Approved for 5 Apartments | Excellent Location | SPV Sale (0.5% Stamp Duty)
•Planning permission granted for a block of 5 residential apartments
•Excellent investment location close to University of Birmingham & Queen Elizabeth Hospital
•Sought-after area with strong rental demand and capital growth potential
•Easy access to A38 and Birmingham city centre
•Sale via SPV – 0.5% stamp duty payable
•Electricity, gas and water connectivity all paid for
•Opportunity to increase number of units subject to planning approval
Full
A rare opportunity to acquire a prime development site on the popular Pershore Road, located between Selly Oak and Stirchley, two of Birmingham's fastest-growing neighbourhoods.
Planning permission has been granted for the erection of a residential block consisting of 5 self-contained apartments. This makes the site an excellent investment opportunity with strong yield potential and long-term growth.
Selly Oak is a well-established hub for students and young professionals, while Stirchley is quickly gaining recognition for its independent cafés, bars, and creative businesses, transforming it into a trendy, high-demand area.
Planning Reference: 2018/02977/PA
Please Note:
This is a SPV (Special Purpose Vehicle) sale, meaning the company owning the site will be transferred to the buyer – offering potential stamp duty savings. Stamp Duty on shares (rather than property) does apply, but it's only charged at 0.5% of the purchase price of the shares. 100% of the shares must be purchased.
Viewings strictly by appointment only.
Contact Davidson Estates today for further details or to arrange a site visit.
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