82 Woodlea Drive is a traditional, four bedroomed, detached family residence, situation in a highly desirable area of Solihull benefitting from Planning Permission to create a magnificent, substantial, contemporary family home.

Vendor Comments

I purchased the house just a few years ago based on the road and location. It was during the recession when people were nervous but I knew it was always a fantastic buy based on location, location, location! I know Solihull very well (lived here most of my life) and think it’s one of the best roads in the borough plus it is opposite quiet woodland and has a lovely park 100 yards behind it.

I knew straight away it had huge potential so I decided to purchase and obtain planning permission to totally update and extend which I fortunately obtained after a lot of hard work.

It now has front of house planning for a side extension, front extension and into the roof which will totally transform it into a large 5/6 bedroom and bathroom property.

The build and refurbishment costs will cost around £175,000 (this includes build, full refurb, new windows, kitchen and bathrooms etc., plus gardens) it will then give a final cost of around £800,000. The property has been valued by several main local agents who have all agreed it would then be worth in excess of £900,000 and if done to a high standard, more likely around £950,000 possibly more. The house next door but one sold a few years ago for £1.2m. There is a good £100,000 profit in this opportunity and my plan was always to oversee and complete this build and take advantage of that extra profit but due to my other business interests, it has been put off time and time and time again and would still not happen for at least another 12 months if not more so I have decided to sell in order that I can also utilise the profit into my other main business interest.

 

Local Authority

Solihull Metropolitan Borough Council

Click for EPC Information