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17 bedroom block of apartments for sale
Beverley Road, Hull
£595,000
Beverley Road, Hull
£595,000
Our Summary
- 53 Beverley road is currently a vacant shell with significant development potential
- The property has an elapsed planning permission consent for the change of use to 9 flats
- Development Subject to planning and permissions
- Significant Development Potential
Description
This is an opportunity to purchase two adjacent buildings in central Hull, with 55 Beverley Road currently producing an annual income of £21,636 from its 5 out of 6 tenanted units, with the potential to increase to £26,000 once fully let. The adjacent 53 Beverley Road is a vacant shell with significant development potential, with an elapsed planning permission consent for the change of use to 9 flats. The property is currently classified as D1 and offers a unique chance for an investor to acquire a substantial property with potential for growth and development.