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4 bed property, in High Street, £495,000
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4 bed terraced house

High Street, Malpas, Cheshire, SY14
Planning
£495,000

Our Summary

  • Investment opportunity
  • Development potential
  • Specific details can be made available on request, but there is circa £20,000 per annum being generated currently with scope to further improve this global figure and/or take occupation within the residential unit and use the commercial unit as an a separate income stream
  • Additionally, there was previously approved planning permission (2006) for the ground floor of the residential unit to be converted into a separate commercial unit and a two-storey rear extension to extend the residential unit, which, subject to re-submission & approval, which would potentially allow for a further increase to the income streams and improvement of the residential floor area
  • On the other hand, there is the potential to integrate the current commercial unit into the residential unit, to make one standalone dwelling with garaging & large private garden, in the heart of the village – subject to planning

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Description

The property is a residential unit with a commercial unit attached, situated in the centre of the village. The residential unit consists of a ground floor with kitchen, sitting room, utility, and rear patio, and a first floor with four bedrooms, two with en-suite facilities, and a family bathroom. The commercial unit has a reception area, store room, two wash rooms, and a W.C.

The property also features a patio, raised balcony, and lawned gardens.