Property Information
Address:
Tettenhall Road, Wolverhampton WV1 4SW
, WV1 4SW
Price: Property no longer available.
Size: 100 sq ft9 sqm
Primary Category: Land
All Categories:
Land,
Property Ref/Movehut: MH588787
Property Ref/Agent: Tettenhall Road Wolverhampton
*Please use the agent ref when calling the agent directly.
Property description
Address
Tettenhall Road, Wolverhampton WV1 4SW
Sale Price
1,595,000 exclusive
Property TypeDevelopmentLand
Status
Available
Tenure
for sale
Details
Development opportunity suitable for a variety of uses (STP)
Prominent location to (A41) Tettenhall Road
Planning for erection of 53 two bedroom apartments to the rear and 48 studio apartments to Tettenhall Road
Location
Black Country
Accommodation0.82 acres
Office
Birmingham Office
Location:
The opportunity is located on the A41 Tettenhall Road, approximately one mile west of Wolverhampton City Centre. The city centre is within walking distance and the rail station is easily accessible by road.
Wolverhampton is well located for the national motorway network and the citys railway station is served by the West Coast main line with regular direct services to London, Birmingham and Manchester and many other major UK cities.
Description:
The property occupies a 0.33 hectare (0.82 acre) site with a prominent frontage on the A41 Tettenhall Road and a large rear car park.
Price:
Offers in excess of 1,595,000, exclusive
VAT:
Vat is not payable on this transaction
Planning & Development:
In January 2016 planning permission was passed by the local authority to allow redevelopment of the site (circa 0.33 Ha). The plans involve demolishing the existing hotel and replacing with a mixed-use residential and student accommodation scheme.
The plans passed are for be the erection of 53 two bedroom apartments to the rear of the site with associated car parking and 48 studio apartments for student accommodation adjacent to Tettenhall Road. Planning application number 14/01382/FUL
Further information including full plans are available from the agents.
It should be noted that the studio apartments can be used for residential accommodation and are not limited to student accommodation. Alternatively, the site may well be suitable for a number of alternative uses including a 100% student accommodation scheme given the sites location nearby to Wolverhampton University.
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