This is a takeover project in Loughborough, offering a rare opportunity for investors and builders. The planning application has been approved for two, two-bedroom flats (four bedrooms) or one, one-bedroom flat and two, two-bedroom flats, one of which can be built under permitted development (five bedrooms). The property has a gross rent potential of £43,160 per annum for one, one-bedroom flat and two, two-bedroom flats, or £32,000 per annum for two, two-bedroom flats. The property is freehold, with mains water, gas, and electricity available, although none of these services have been tested. Viewings are by appointment only, and the property is only suitable for cash buyers.