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    The Paddocks, Alcester Road, Portway, B48 7JF

    Guide Price £1,000,000Freehold

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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ4,751 /mo.25 Years, 4% Interest
    Loan
    ÂŁ900,000
    Total Repay
    ÂŁ1,425,159

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ43,750
    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ250,000
    5% from ÂŁ250,000 to ÂŁ925,000
    10% from ÂŁ925,000 to ÂŁ1,000,000
    Your effective stamp duty rate is 4.38%
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    The Paddocks, Alcester Road, Portway, B48 7JF

    Guide Price £1,000,000

    Land

    Key Information

    Tenure:Freehold
    Council tax band:Not available

    Key Features

    9 Acres (3.64 Hectares)
    Planning consent Granted (for a Single Dwelling)
    Commercial/ Residential Opportunity

    Description

    An rare opportunity to purchase a 9 Acre, development. The land borders the Alcester Road (with main access). It also borders Forshaw Heath Lane, next to J3 of the M42. It has planning consent granted (21/02553/FUL) for the erection of a single dwelling. This may have further expansion as a.....

    PROPERTY OVERVIEW

    An rare opportunity to purchase a 9 Acre, development. The land borders the Alcester Road (with main access). It also borders Forshaw Heath Lane, next to J3 of the M42. It has planning consent granted (21/02553/FUL) for the erection of a single dwelling. This may have further expansion as a commercial opportunity, subject to planning. For a number of alternative uses for the site as a Corporate Head Office etc.

    PROPERTY LOCATION

    Wythall village is around 7 miles south of Birmingham City centre (a 20 minute train journey from Wythall railway station) along Alcester Road. There are many 18th centrury buildings on this road including the old post office and school building. The Wythall Institute is still the home of the WI today. There are 2 primary schools within Wythall parish, the Coppice Primary School in Hollywood and Meadow Green Primary School in Wythall village. The senior school is Windrush High School in Hollywood which has an Astroturf and playing fields which back onto the Coppice Primary School. A sawmill currently named Davies Timber Ltd has been in operation for over 100 years and was originally powered by steam at some point in its history.

    TENURE
    Freehold

    SERVICES
    Will be required as part of the development

    INFORMATION FOR POTENTIAL BUYERS
    1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be required to produce identification documentation at the point an offer is accepted as we are required to undertake anti-money laundering (AML) checks such that there is no delay in agreeing the sale. Charges apply per person for the AML checks. 2. These particulars do not constitute in any way an offer or contract for the sale of the property. 3. The measurements provided are supplied for guidance purposes only and potential buyers are advised to undertake their measurements before committing to any expense. 4. Xact Homes have not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances. 5. Xact Homes have not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

    Land Branch

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