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Osmaston Park Road, Derbyshire DE24 3 bed detached house for sale
Osmaston Park Road, Derby, Derbyshire, DE24
£198,000
Osmaston Park Road, Derby, Derbyshire, DE24
£198,000
Our Summary
- Presenting an exceptional investment opportunity in a sought-after location, this development property comprises three one-bedroom flats, each benefiting from its own kitchen, bathroom, and reception room, along with shared parking facilities
- Notably, there is significant potential for further development, with the possibility of expanding the site to accommodate seven to nine one-bedroom apartments, subject to the necessary planning permissions
- Offering a rare combination of existing income and development potential, this property is perfectly suited to investors looking to expand their portfolio or undertake a project in one of the area’s most desirable locations
- * auction sale *
- ** AUCTION SALE **
- Potential to develop up to nine units
Description
This exceptional investment opportunity in a highly sought-after location offers a rare combination of existing income and development potential. The property comprises three one-bedroom flats, each with its own kitchen, bathroom, and reception room, along with shared parking facilities. Two of the three flats are currently occupied, providing immediate rental income for investors. The property also offers significant potential for further development, with the possibility of expanding the site to accommodate seven to nine one-bedroom apartments, subject to necessary planning permissions. The property is ideally positioned with excellent public transport links and close proximity to local amenities, making it appealing to a variety of tenants. With its existing income and development potential, this property is perfectly suited for investors looking to expand their portfolio or undertake a project in one of the area's most desirable locations.