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5 bed property
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Price History
Our Summary
- Prime development opportunity in sought-after Boxley Road, Walderslade
- Full planning permission in place for land and existing properties
- Immediate income with future development potential
- Suitable for developers, investors, or buy-to-let landlords
- This versatile property offers full planning permission, strong existing rental income, and significant investment and development potential
- The site currently comprises the La Torre maisonettes, which are fully tenanted and generating an impressive £3,300 per calendar month, providing an immediate and established income stream for buy-to-let investors or developers seeking a yield while planning future works
- The land and existing properties benefit from approved planning permission, allowing a purchaser to proceed with the development without the uncertainty or delays of the planning process
- This opportunity is ideal for a range of buyers, including developers, investors, and property companies, with flexible options to: Implement the approved residential development Retain the property as a high-yield buy-to-let investment Reconfigure or convert the maisonettes back into a single dwelling (subject to any further required consents) Opportunities offering planning permission, immediate rental yield, development potential, and a prime Walderslade location rarely become available
- Early viewing is strongly recommended to fully appreciate the scale, flexibility, and potential of this unique development opportunity
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Description
The property is located on Boxley Road, Walderslade, in a sought-after area with excellent access to local amenities, schools, and transport links. It comprises several existing maisonettes, known as La Torre, which are fully tenanted and generating approximately £3,300 per calendar month. The property benefits from full planning permission, allowing for approved residential development, reconfiguration of the maisonettes, or retention as a high-yield buy-to-let investment.
The site also includes additional land, providing flexibility for future development and redevelopment.