249 East Road, Tylorstown, Ferndale... Residential development for sale

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249 East Road, Tylorstown, Ferndale... Residential development for sale

249 East Road, Tylorstown, Ferndale, CF43 3HG
£45,000

Our Summary

  • FOR SALE BY AUCTION - -Lot 59 - Mixed Use Development with Lapsed PlanningONLINE AUCTION from 16th DECEMBER-18th DECEMBERA four storey end of terrace premises
  • Planning has been granted to convert the uppers into two self-contained two bedroom flats this planning is now lapsed but could be reinstated subject to the relevant consents
  • Planning PermissionPlanning has been granted for the conversion of 4 bedroom flat into two self-contained two bedroom flats planning reference 15/1070/10

Description

This mixed-use development property is located on the A4233 in Tylorstown, with a ground floor barber shop let at £500 per month and a four-bedroom flat on the upper floors currently vacant. The basement is accessible from the rear and has planning permission (now lapsed) to convert the upper floors into two self-contained two-bedroom flats. The property is situated in a mixed-use development area, close to independent traders and bus routes. The parcel of land to the rear offers additional potential. The property benefits from gas, water, and electric services, and is being sold freehold, with a virtual tour available. The previous rent for the property was £1,100 per month, and the current asking price is likely to be influenced by the potential for redevelopment.