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6 bedroom semi-detached house for sale

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6 bedroom semi-detached house for sale

Old Club, 93 Bailey Street
£160,000

Our Summary

  • The property currently requires renovation, and it is here that the visionaries, the investors, and the developers will see the untapped potential
  • The property holds full planning permission, granted in 2024, for conversion into a two-bedroom terrace and a four-bedroom semi-detached dwelling
  • This grants the new owners a plethora of options for redevelopment and the flexibility to mould this property into a lucrative investment
  • Moreover, the permissions in place offer the potential to change plans and convert the property into maisonettes or a house of multiple occupancy with a potential for up to 6 bedrooms, further expanding the potential returns on this investment
  • In conclusion, this property offers a fantastic opportunity for investors and developers looking to expand their portfolio in a profitable direction
  • With its current setup, granted permissions, and potential for redevelopment, this property promises a unique investment opportunity with a potential for high returns
  • PLANNING PERMISSION Planning Ref No 24/0028/COU Alternative reference PP-12697762
  • FANTASTIC DEVELOPMENT OPPORTUNITY
  • FULL PLANNING PERMISSION GRANTED
  • POTENTIAL FOR HMO

Description

This unique commercial development property in Deri offers a rare opportunity for investors and developers to transform a pub into a lucrative investment. The property currently requires renovation, but its full planning permission for conversion into a two-bedroom terrace and four-bedroom semi-detached dwelling presents a wealth of options for redevelopment. The permissions also allow for potential changes to convert the property into maisonettes or a house of multiple occupancy with up to 6 bedrooms, increasing its potential returns. Located in a peaceful neighborhood, the property's serene setting appeals to a broad range of tenants or buyers. Whether used as a commercial business or converted into a residential dwelling, the property's location in Deri makes it an attractive investment opportunity with potential for high returns.