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Land for sale
Land And Garages at Nursery Road, Stanford-Le-Hope
£450,000
Land And Garages at Nursery Road, Stanford-Le-Hope
£450,000
Our Summary
- * Guide Price £450,000 to £500,000 *Bear Land & Developments are delighted to offer for sale this tucked away investment opportunity
- Land adjacent can be optioned or subject to planning permission
- (More garages can be built on the adjacent piece of land to increase this drastically subject to planning/ excellent investment opportunity)For more details please contact the office
- 10 hectares)Opportunity to Enhance Returns – Potential to boost rental income through active management or modernisationPrime Location – Situated in a desirable area with high local demandExcellent Transport Connectivity – Convenient access to nearby road and public transport networksResidential Setting – Positioned within an established neighbourhood, supporting strong housing demandRedevelopment Potential – Subject to the necessary planning approvals, the site may lend itself to a variety of residential schemesSuitable Concepts – Potential options could include a row of mews-style houses, a collection of smaller dwellings, compact apartment development with under cover parking and or more garages to increase rental yield
- However, its location and dimensions suggest it could be an attractive redevelopment opportunity
- Prospective buyers are encouraged to contact the local planning authority to explore its future potential
- Vendor is considering an unconditional or conditional offer subject to planning
- Excellent Planning Potential (STP)
Description
This investment opportunity is a tucked away property with garages that can be bought separately, situated on approximately 0.24 acres of land. The garages are currently tenanted and generate a potential rental income of £36,000 per annum, with the possibility of increasing this through active management or modernization. The site has excellent transport connectivity, is located in a desirable area with high local demand, and is positioned within an established neighborhood. The property also has redevelopment potential, subject to necessary planning approvals, and could be redeveloped into a variety of residential schemes, such as mews-style houses, smaller dwellings, or compact apartments with under-cover parking. The vendor is open to considering both unconditional and conditional offers, subject to planning, making this an attractive investment opportunity for those looking to enhance returns or develop the site.