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Belgrave Road, Stoke on Trent ST3 Land for sale
Land at North Side, Belgrave Road, Stoke-On-Trent, Staffordshire ST3 4PR
£25,000
Land at North Side, Belgrave Road, Stoke-On-Trent, Staffordshire ST3 4PR
£25,000
Our Summary
- Development Land For Auction AUCTION DATE 24TH MARCH TO 25TH MARCH
- For sale via Online national auction on Monday 24th March 1
- 00pm Purchasers are deemed to rely on their own enquiries with regard to any possible development potential for this individual plot in respect of planning and any other consents or rights over the land, but these details show an artist’s impression of how a development on this site could look subject to planning application being approved by relevant local authority
- Lapsed planning for 5 Apartments 3
Description
A development land is up for auction on March 24-25, with a total area of 379 square meters. The site has lapsed planning permission for five apartments, and an artist's impression shows how a development could look, subject to approval from the local authority. The proposed scheme includes one and two-bedroom flats on the ground, first, and second floors, with estimated rental values and gross yields. The land is freehold, and the buyer will need to pay an administration fee, buyer's premium fee, and disbursements on exchange of contracts. The site is located in a desirable area with good transport links, and the estimated total GDV is £400,000, with an estimated gross rent of £37,080 per annum and a gross yield of 9.25%.