House of multiple occupation for sale

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House of multiple occupation for sale

The Gables Residential Nursing Home, 93 Ely Road, Littleport, Ely
£650,000

Our Summary

  • The building would benefit from a general program of modernisation throughout and could easily be repurposed in its current form
  • The property would also lend itself to a variety of other purposes, subject to the necessary consents

Description

The Gables is a 100-year-old detached property that has been significantly extended and used as a residential care home until recently, offering a gross internal area of over 5,000ft2. The property features 18 bedrooms, 7 bathrooms, large reception rooms, office space, a lounge, and a kitchen area. It is constructed of traditional red brick with a tiled roof and has useful outbuildings, a conservatory, and an enclosed inner courtyard. The property could benefit from modernization throughout and has the potential to be repurposed or converted into residential units, with several access points and stairwells making it an attractive option. With high demand and returns for rental property in the local area, the Gables presents a valuable opportunity for investment or development.
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