Birmingham City Council has generated more than £150,000 through swift land sales, with plots in Sutton Coldfield, Sheldon, and Alum Rock being purchased at auction. The sales brought in a total of £153,500, providing a welcome financial boost for the local authority at the end of last week.
Details of the Land Sales
The properties were sold by Bond Wolfe auctioneers. Here is a breakdown of each site and the prices achieved:
Land Rear of 65 & 67 Four Oaks Common Road, Sutton Coldfield
An irregular parcel of land, accessed between 65 and 67 Four Oaks Common Road, sold for £50,000. The reserve price had been set at £50,000 or more. The site, which extends to approximately 692 square metres (7,448 square feet), is suitable for a variety of uses subject to obtaining the necessary permissions. This freehold sale offers vacant possession.
Land Rear of 49/51 Hazeldene Road, Sheldon
This plot, with access between 49 and 51 Hazeldene Road in a primarily residential area, sold for £73,000—well above the asking price of £50,000 or more. The freehold tenure provides vacant possession upon completion, and the site extends to roughly 580 square metres (6,243 square feet).
Former Fernbank Leisure Gardens, Fernbank Road, Alum Rock
A vacant former allotment garden, extending to approximately 692 square metres (7,448 square feet), sold for £30,500. The asking price had been £25,000 or more. Located adjacent to No. 94 Fernbank Road and behind 19-15 Tranter Road, this freehold site offers vacant possession.
Withdrawn Lots and Future Auction
Two lots—land adjacent to 30 Howard Road East, Kings Heath, and land to the rear of 325 Soho Road, Handsworth—were withdrawn from the latest auction. They may appear in future sales. The next auction is scheduled for 8:30 am on Thursday, July 9.
