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Price History
Our Summary
- Property Ref: 16702 The site benefits from full planning permission (Ref: 23-02795-FUL) for the construction of two one-bedroom apartments through a rooftop extension and includes the freehold interest in the existing residential building The property is located within a well-connected and attractive market town, where demand for smaller residential units remains strong, making the opportunity well suited to both investment and owner-occupier resale strategies Prospective purchasers should note that the planning consent includes parking provision requirements and are advised to make their own enquiries regarding planning compliance - parking arrangements - and the implementation of the consent
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Description
The property is a freehold commercial building located in Newbury, comprising 7 long leasehold flats and an additional unit, with associated land. The building has full planning permission for the conversion of an office unit to residential use and for the construction of two more flats on the rooftop. The existing residential units have long leases that permit development, allowing for the implementation of the proposed scheme.
The property benefits from allocated parking and electric heating, and has a balcony and outside space.