Land for sale

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Land for sale

Ambleside Road, Windermere, LA23
£1,250,000

Our Summary

  • 25mThe Opportunity –The Willowsmere is a substantial 500 sq/m property with FULL planning to convert into two dwellings or seven flatsProperty in Windermere can achieve up to £8,000 per sq/mGDV for the Willowsmere is £3
  • 5m, rising to £7m if both plots are developedInternal Details – Please see the floor plans and approved planning applications attachedExternal Details – Gardens to the front and rear of the propertyCar parking for up to 17 carsPlease see the aerial shots for further informationDevelopment Opportunity – The current FULL planning applications are solely for the conversion of the existing propertyThe building can be extended to the rear or sidePlanning application for two separate houses - 7/2023/5782Planning application for seven flats - 7/2023/5328Subject to separate negotiation, the adjacent plot could be purchased
  • 5-acre, offering the potential to add a further 500 sq/m buildingTenure – Nationwide Business Sales is delighted to offer The Willowsmere to the market at Offers Over £1
  • FULL Planning

Description

The Willowsmere is a substantial 500 sq/m property in Windermere with full planning permission to convert into two dwellings or seven flats. With a guide price of £1.25m, the property has the potential to achieve a gross development value of £3.5m, rising to £7m if both plots are developed. The property boasts gardens to the front and rear, car parking for up to 17 cars, and offers a range of development opportunities, including extending the building to the rear or side, or purchasing the adjacent plot to add a further 500 sq/m building. The current planning applications are solely for the conversion of the existing property, and subject to separate negotiation, the adjacent plot could be purchased to create a 0.5-acre plot with potential for further development.