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3 bedroom block of apartments for sale
Copse Cross Street, Ross-On-Wye
£250,000
Copse Cross Street, Ross-On-Wye
£250,000
Our Summary
- Description - This versatile freehold property is currently arranged as four separate units, offering a rare and exciting investment opportunity in a sought-after location just a short walk from the town centre
- The ground floor features a spacious commercial unit offering excellent versatility for a variety of potential uses
- Although it requires complete refurbishment, it presents a fantastic blank canvas for developers or business owners to tailor the space to their specific needs
- Full planning permission has already been granted for conversion into a one-bedroom apartment, with the potential to resubmit plans for a two-bedroom layout, subject to approval
- Above the commercial unit are three self-contained one-bedroom apartments, each offering fantastic potential for modernisation and reconfiguration
- Subject to the necessary planning permissions, there may also be scope to rework the internal layout or extend to create larger or additional living spaces, further enhancing rental yield and long-term value
- Positioned in a prime area within walking distance of shops, restaurants, and transport links, this is an outstanding opportunity for investors or developers looking to add value and generate strong rental returns in a high-demand area
- Early viewing is highly recommended to appreciate the full potential on offer
- Agents Note - The proposed plans are currently at the draft stage and have not yet been submitted for formal planning approval
- Fantastic Investment Opportunity
- In Need Of Modernisation Throughout
Description
This freehold property is a unique investment opportunity, currently comprising four separate units, including a commercial space and three one-bedroom apartments. The ground floor commercial unit requires refurbishment but has full planning permission for conversion into a one-bedroom apartment, with potential for a two-bedroom layout subject to approval. The three apartments above are also ripe for modernization and reconfiguration, with scope to rework the internal layout or extend to create larger or additional living spaces. The property benefits from a private courtyard and off-road parking for two vehicles, and its central location within walking distance of shops, restaurants, and transport links makes it an attractive proposition for investors or developers looking to add value and generate strong rental returns. Early viewing is recommended to appreciate the full potential on offer.