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Grimwade Street, Ipswich, Suffolk, IP4 Land for sale
Grimwade Street, Ipswich, Suffolk, IP4
£450,000
Grimwade Street, Ipswich, Suffolk, IP4
£450,000
Our Summary
- An exciting development opportunity with Listed building consent and full planning granted to create nine beautiful apartments
- An exciting opportunity to acquire a striking, Grade II Listed building with listed building consent and full planning permission granted to convert back into residential creating 9 apartments
- The building has been used for commercial purposes for several years (Use Class E) and planning has now been granted to convert back into residential (Use Class C3)
- The planning granted means that there is no Community Infrastructure Levy, no Section 106 and no affordable housing to be delivered
- Full planning permission granted and listed building consent to convert into nine apartments
- Ideal opportunity to develop and sell or retain as a rental asset for a long term investment
Description
This exciting development opportunity presents a unique chance to acquire a striking, Grade II Listed building with listed building consent and full planning permission granted to convert it back into residential use, creating nine beautiful apartments. The building, which has been used for commercial purposes for several years, is now approved for conversion back into residential use, offering a rare opportunity for investors to create a lucrative rental portfolio or open market resale. With no Community Infrastructure Levy, no Section 106, and no affordable housing to be delivered, the buyer will have complete freedom to develop the property as they see fit. The sale is not subject to VAT, and the property is available with vacant possession at completion.