Browse Land lots For sale in Brierley Hill, West Midlands or list your own. Advertise, sell your property, list it for letBrierley Hill is a small town and electoral ward of the Dudley Metropolitan Borough in the West Midlands of England, and is situated approximately 2.5 miles south of central Dudley and 2 miles north of Stourbridge. Part of the Black Country and in a heavily industrialised area, it has a population of 13,935 at the 2011 census. It is best known for glass and steel manufacturing, although industry has declined considerably since the 1970s. One of the largest factories in the area was the Round Oak Steelworks, which was closed down and redeveloped in the 1980s to become the Merry Hill Shopping Centre. Brierley Hill was originally in Staffordshire.
Since 2008, Brierley Hill, including the nearby Waterfront Business Park and Merry Hill Shopping Centre, has been designated as the Strategic Town Centre of the Dudley Borough, with the aim of creating a new town centre for the borough.
In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner(s). A lot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the same thing) in other countries. Possible owner(s) of a lot can be one or more person(s) or another legal entity, such as a company/corporation, organization, government, or trust. A common form of ownership of a lot is called fee simple in some countries.
A lot may also be defined as a small area of land that is empty except for pavement or similar improvement. An example would be a parking lot. This article covers lots as parcels of land meant to be owned as units by an owner(s).
Like most other types of real estate, lots owned by private parties are subject to a periodic real estate tax payable by the owners to local governments such as a county or municipality. These real estate taxes are based on the assessed value of the real property; additional taxes usually apply to transfer of ownership and property sales. Other fees by government are possible for improvements such as curbs and sidewalks or an impact fee for building a house on a vacant lot.Source: https://en.wikipedia.org/