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Land for sale
Rose Hill, Oxford - Ref: AJR/FD
£600,000
Rose Hill, Oxford - Ref: AJR/FD
£600,000
Our Summary
- The plot benefits from wide side access, providing entry to a substantial rear garden, which offers clear development potential (subject to planning permission)
- The flats are currently let, providing an immediate source of income for the buyer, which could support a positive cash flow while seeking planning permission
- Development Potential Although neighbouring properties have received planning permission for a four-bedroom detached house, there is potential for more profitable opportunities, such as multiple apartments within the rear garden space
Description
This development plot in Oxford offers a unique opportunity to acquire a significant site with potential for growth. The existing property comprises two one-bedroom apartments, which are currently let, providing a steady income stream. The plot benefits from a substantial rear garden, which offers clear development potential, subject to planning permission. The location is well-connected, with easy access to public transport and local amenities. The neighboring property has successfully erected a four-bedroom detached house, suggesting similar development could be achieved here. The plot also presents opportunities for more profitable developments, such as multiple apartments, which would require further exploration with planning professionals.