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Land, in Olinda Road, £150,000
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Bungalow

Olinda Road, Bridlington, East Riding of Yorkshire, YO15
Planning
£150,000

Our Summary

  • Full planning granted
  • Excellent investment potential
  • Part-completed development opportunity with full planning permission for two flats and a two-bedroom new-build dwelling with parking
  • Ideally positioned close to Bridlington Town Centre and Harbour, offering excellent potential for rental income, resale, or a mixed investment strategy
  • This end-terraced property presents an outstanding investment and development opportunity, now benefitting from full planning permission for conversion into two one-bedroom flats together with a two-bedroom new-build dwelling to the rear, complete with parking
  • Offering excellent flexibility for investors and developers alike, the scheme presents the potential to retain all three units as strong rental investments, sell the completed development as a whole, or dispose of individual units separately to maximise returns
  • Full planning details are available via the planning portal
  • A rare chance to acquire a part-completed project with planning in place, existing income and significant future potential in a highly accessible location

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Description

The property is an end-terraced property with full planning permission to convert it into two one-bedroom flats and a two-bedroom new-build dwelling to the rear, complete with parking. The development has already started, with a first-floor flat currently tenanted, providing an immediate income stream. The property is situated approximately 1/4 mile from Bridlington Town Centre and Harbour, opposite a retail development with local amenities, ensuring excellent tenant appeal.

The development offers flexibility for investors and developers, with the potential to retain all three units as rental investments, sell the completed project as a whole, or dispose of individual units separately to maximize returns.