The list price of £1,400,000 is relatively high when compared to nearby residential properties. While the scale of the proposed development and potential for high returns are factors, the lack of details about the number of units, their size, and projected rental income makes it difficult to justify the price. The absence of specific square footage for the land and the proposed development also hampers an accurate price assessment. Further information is needed to determine if the asking price represents a fair market value.

Based on the provided images, the proposed development appears to be in good condition. The renderings show a modern, well-designed building. It’s important to note, however, that these are artist’s impressions and the final condition will depend on the quality of construction. Therefore, I’ve assigned a score reflecting the potential for a high-quality finished product, but acknowledging the lack of evidence of the actual built condition.

The property benefits from being near several amenities such as schools and transportation. Stockland Green itself is a residential area within Birmingham, offering a balance between suburban tranquility and urban convenience. The proximity to good schools (Stockland Green School, The Pines Special School, and Oasis Academy Short Heath, all rated ‘Good’ by Ofsted) adds to the area’s appeal for families. Several train stations are within a reasonable distance, providing access to wider Birmingham and beyond. However, it’s important to consider that Stockland Green might not be as vibrant or centrally located as some other parts of Birmingham.

While the exact plot size isn’t specified, the images and description suggest a sizable plot of land suitable for a substantial development project. The land is likely a significant asset contributing to the overall value of the property.