Our Summary

• Extensive development opportunity 5 bed Residential Property with Additional 2000SQFT commercial unit and 5 bed apartment
• For sale by online auction on 15/02/2023 12:00, ending on 15/02/2023 19:55
• Lancaster Street presents itself as a well proposed investment opportunity, with substantially high rental returns
• UK Property Auctions are excited to bring to the auction this extensive development opportunity 5 bed Residential Property with Additional 2000SFT commercial unit and 5 bed apartment
• This property has huge development potential with the current potential income of approx
• A 2000 sqft Commercial unit with wooden flooring throughout could be used for variety of uses, the potential to convert the ground floor to living accommodation if required could be possible subject to obtaining the necessary planning consents
• income - This property has huge development potential, subject to obtaining the necessary planning consents the property could be converted into a HMO, Flats or commercial space with accommodation above, Residential Property
• - The property as a 5 bed property as it stands could rent for approximately £1350 pcm if you utilised the rooms aa 5 bed HMO the rooms have the potential to rent for £300 - £400 per room with the achieving income being in excess of £2000 per month
• This property has huge development potential and must be viewed to appreciate the space available
• Property is for sale by the modern method of auction
• The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
• Pre Auction Offers
• Some vendors will accept offers prior to auction, however these must be above the guide price to be considered
• If any such offer is accepted the property will still be sold under auction terms and conditions