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2 bedroom bungalow for sale
Hazel Road, Loughborough, Leicestershire LE11
£220,000
Hazel Road, Loughborough, Leicestershire LE11
£220,000
Our Summary
- The property benefits from approved planning permission for both a kitchen extension to the main dwelling and a detached annexe within the rear garden, with groundworks for the main extension already commenced
- Footings have been dug, and the planning consultant has been fully paid for all required sign-off visits, offering a future purchaser a rare opportunity to progress the development with time, cost, and risk already significantly reduced
- The existing accommodation currently provides two well-proportioned bedrooms, with scope to introduce an en-suite to the principal bedroom, alongside a modern four-piece bathroom which is in the process of being completed
- Set within a sizeable plot, the property lends itself to further enhancement, extension or reconfiguration (subject to final approvals), appealing strongly to investors, developers, or buyers seeking a value-add project
- With planning consent in place, professional fees settled, and groundwork already underway, this is an exceptional opportunity to fast-track a development project and unlock both capital growth and potential additional income streams, including annexe letting or multi-generational accommodation
- Fantastic Development Opportunity - Detached Bungalow
- Four Piece Bathroom Suite & Potential for En-Suite (STPP)
- Planning Permission Granted for Annex
Description
This property offers a rare opportunity for a buyer to take over a development project that's already underway, with approved planning permission for a kitchen extension and detached annexe. The existing accommodation provides two bedrooms and a modern bathroom, with scope to add an en-suite and further enhance the property. The plot is sizeable, offering potential for extension or reconfiguration, making it appealing to investors, developers, or buyers seeking a value-add project. The location is convenient, with proximity to Tesco Extra, Loughborough town centre, and various amenities, and the property already has a large driveway for off-road parking. With professional fees settled and groundwork already commenced, this is an exceptional opportunity to fast-track a development project and unlock potential additional income streams.