2 bed terraced house

Our Summary

• Rare Investment Opportunity
• Potential for Further Development of Land
• Historic (lapsed) Planning Permission Granted
• Investment Opportunity: Two Ground Floor Two-Bedroom Flats, Seven Garages, Freehold & Lapsed Planning History A rare opportunity to acquire a substantial freehold comprising two spacious ground floor two-bedroom flats, each with its own garage, private off road parking plus five additional garages offering excellent rental income and strong future development potential
• The site previously held granted planning permission, which has now lapsed, providing a clear precedent for future applications (subject to consent and the purchase of additional land) to reach full potential of the investment
• Key Features Two self-contained ground floor two-bedroom flats within a block of four Each flat consists of two double bedrooms, spacious lounge, fitted kitchen & shower room Each flat includes its own private garage Private, off road parking The two ground floor flats are currently occupied with long term tenants, providing instant income whilst enquiries made about further potential of redevelopment Five additional garages offering potential for further rental opportunity Freehold included for the entire building and garage block Previously approved planning permission (now lapsed), demonstrating development viability Further development potential subject to planning Ideal for investors, developers, or portfolio builders seeking income and growth Overview Located in a popular residential area, close to the city centre and in good location for amenities and transport links; the property offers multiple income streams from both the flats and the garages
• Planning of further development was previously approved, although now expired, gives confidence in the sites potential for future development, subject to the necessary consents