Property

Our Summary

• Significant future development potential
• Chapel House, Causey Row, Marley Hill, Newcastle upon Tyne, NE16 5EJ Multi-Income Investment Opportunity with Development Potential on Approximately 0
• Offering multiple income streams alongside significant future development potential, Chapel House presents a rare opportunity for investors, developers, serviced accommodation operators, multi-generational families or owner-occupiers seeking an income-producing asset in an attractive countryside setting
• Development Potential A key feature of the property is the substantial landholding extending to approximately 0
• The site has previously benefited from planning approval for a detached dwelling and may present further residential development opportunities, subject to obtaining all necessary consents
• Potential purchasers may wish to explore: * Construction of additional residential accommodation * Reinstatement or renewal of previous planning permissions * Conversion of existing garages and outbuildings (subject to planning) * Enhancement and optimisation of existing rental accommodation * Alternative income-generating uses Investment Summary **Guide Price:** £1,000,000 **Current Gross Annual Income:** £45,600 per annum **Current Gross Yield:** 4
• 56% Further value may be realised through: * Rental growth across existing units * Refurbishment and repositioning strategies * Development of the site and outbuildings * Additional residential accommodation subject to planning * Future capital appreciation of this substantial landholding Location Chapel House occupies a peaceful and secluded position within the sought-after village of Marley Hill, surrounded by open countryside whilst remaining exceptionally well connected