Land fronting, Stevens Avenue, Bartley Green, Birmingham, B32 3DR

Description

Freehold vacant land, which may be suitable for a variety of uses, subject to obtaining the necessary planning consents. A relatively rectangular parcel of land fronting Stevens Avenue. The site extends to approximately 794 sq.m. (8,546 sq.ft.) or thereabouts.

Location

The land is situated fronting Stevens Avenue in Bartley Green, a popular residential area to the south-west of Birmingham. The surrounding area provides a range of local shops, schools, recreational facilities and everyday amenities, with further retail and leisure facilities available in nearby Quinton and Harborne. Birmingham city centre is readily accessible, while the surrounding road network provides convenient links to the wider West Midlands and motorway network.

Tenure / Property Information

Investment Analysis

The evidence supports only that this is approximately 794 sq.m. (8,546 sq.ft.) of vacant freehold land with potential uses subject to planning consent. The supplied sold comparables are residential houses on Clapgate Lane, not land transactions, and therefore do not establish a reliable site value or GDV. No planning permission, development appraisal, buildable area, scheme, abnormal-cost assessment or land comparable is supplied. The £50,000 guide is an auction guide, not a supported market valuation. Known completion charges at the guide level would be £5,600, comprising the £2,700 administration charge and £2,900 Council professional fees, before any further special-condition costs.

Investment Snapshot

Strategy Recommendation

Treat as a planning-led land opportunity only. Do not bid on the guide alone; proceed only after confirming title, access, services, planning prospects, site constraints, permitted development potential and all special-condition costs.

Works Required

No physical works are evidenced. Any proposed use or development would require the necessary planning consents, with planning, legal and technical due diligence required before committing to a scheme.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

BRRR cannot be quantified. There is no supported residential scheme, GDV, rent, build-cost allowance or refinance valuation. The guide plus known charges would be £55,600 before any further costs if acquired exactly at £50,000, but this is not a complete project cost or investment appraisal.

Buy-to-Let Analysis

BTL cannot be assessed because the asset is vacant land, no residential accommodation is identified and no sufficiently specific rental evidence is supplied. A residential letting strategy would depend on obtaining consent and completing a development, neither of which is evidenced.

Flip Analysis

A flip surplus cannot be calculated because no planning permission, development scheme, buildable area, GDV, construction cost or supported selling allowance is supplied. The residential sold comparables are not sufficient evidence for valuing this development site.

Investor Risks & Due Diligence

• Planning consent is not confirmed and proposed uses are subject to obtaining necessary consents.

• The supplied residential sold comparables are not directly comparable to vacant development land.

• No buildable area, development density or scheme is provided.

• No construction, abnormal, professional or infrastructure costs are provided.

• Additional special-condition costs may be payable on completion.

• Known charges of £5,600 are payable at a £50,000 purchase price before any further costs.

• No rental evidence supports a BTL strategy.

• The auction guide is not a formal market valuation.

Recommendation

Treat as a planning-led land opportunity only. Do not bid on the guide alone; proceed only after confirming title, access, services, planning prospects, site constraints, permitted development potential and all special-condition costs.

Strategy Rating

Analysis Confidence

The site size, tenure, guide and known charges are supplied, but there is no land comparable, planning position, development scheme, build-cost evidence, GDV, rent or resale-cost evidence.