Summary - Land At The Former Mill Public House, Beaconville Road, West Bromwich, B71 3NX B71 3NX
1 bed 1 bath Land
**Standout Features:**
- Freehold residential development site, 0.587 acres (0.237 hectares).
- Full planning permission for 32 apartments (10 one-bed & 22 two-bed).
- Discharged planning conditions; anticipated Gross Development Value of £4 million.
- Excellent transport links with proximity to local amenities.
- Guide price of offers in excess of £580,000 (+ VAT).
**Summary:**
Investors and developers, seize this exceptional opportunity to acquire a prime freehold residential development site in West Bromwich. Encompassing a spacious 0.587 acres with full planning permission, the site is poised for the construction of a striking six-story apartment building featuring 32 modern apartments complemented by 38 off-street parking spaces. The planned mix of one and two-bedroom units promises attractive rental potential in this urban cultural hub, ideal for young families and professionals alike.
Situated in a vibrant community just 2 miles from West Bromwich town center and within a mile of Tame Bridge Parkway railway station, the location offers excellent connectivity and easy access to a wide array of local amenities, including schools, retail shops, and recreational facilities. As a freehold offering, this property comes with the added benefit of complete planning approvals, allowing for immediate development.
However, it’s essential to consider that the local area has average crime rates and varying levels of deprivation. Given the property's unique potential and the expected Gross Development Value of £4 million, you won't want to delay in exploring this remarkable opportunity. Act now to shape a new residential community in a growing area!
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