Empire Estate Team are delighted to bring to the open market this amazing Farm just under 3 acres of land potential for major development.
Key Features
three bed detached house
two bedroom bungalow
two barns
one commercial unit
Vendor will also look at joint venture with the right investor/developer.
LOCATION
Springhill Farm, Walsall Road, Muckley Corner, Lichfield, Staffordshire, WS14 0BX Close links to the M6 Toll Motorway, A5 and A461
Details
Just under 3 Acres of Land currently used as a farm. Freehold. Already on the land is a 3 bedroom house, 2 bedroom bungalow, 2 barns and a commercial unit.
Next to the plot is a 3 bedroom house agreed for sale at £800,000.00
A 4 bedroom Executive house built on this land would sell for £1,600,000.00 to £1,900,000.00
A 6 bedroom house would sell for £1,900,000.00 to £2,300,00.00
A standard house built on this postcode was sold for £820,000.00 on 01/02/2020.
Potential to develop 9 / 12 new Executive homes on the land. GDV around £16,000,000.00 to £19,000,000.00
Tenure : Freehold