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11 bed property, in North Road East, £450,000
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11 bed terraced house

North Road East, Plymouth, Devon PL4
Planning
£450,000

Our Summary

  • Offers a rare investment and development opportunity
  • Strong potential for redevelopment, subject to planning approval
  • Suitable for conversion into self-contained apartments or a premium HMO
  • Strong long-term investment potential in a highly desirable location
  • A Rare and Exceptionally Exciting Development Opportunity in the Heart of the City Positioned in the very heart of the city's thriving student district and just moments from the university campus, this substantial and impeccably maintained property presents a unique opportunity for investors and developers alike
  • Currently operating under Commercial Class C2 use, the property offers exceptional scope for redevelopment and repositioning, subject to the necessary planning consents
  • Maintained to an outstanding standard throughout, the building is ideally suited for conversion into a collection of self-contained apartments or a premium House in Multiple Occupation (HMO), capitalising on the strong and consistent demand from both student and professional tenants
  • Having previously operated as both individual dwellings and an HMO, the property's existing configuration lends itself naturally to a variety of residential redevelopment strategies
  • Combining a flexible layout, strong redevelopment potential, and a highly sought-after position, this property represents an outstanding investment with the potential to deliver substantial long-term returns

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Description

The property is a substantial building located in the heart of the city's student district, within walking distance to the university campus. It consists of four floors with 11 bedrooms, 4 living rooms, 4 kitchens, and 4 bathrooms, offering a range of potential redevelopment opportunities including conversion to self-contained apartments or a premium House in Multiple Occupation (HMO). The building is in excellent condition, having previously operated as individual dwellings and an HMO, and its flexible layout allows for a variety of residential redevelopment strategies.