Land

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Land

Radstock Way, Redhill RH1
£600,000

Our Summary

  • 'fantastic building opportunity' 'Planning permission has been approved to build an additional 4 bedroom end of terrace house to the side of the existing property
  • We are very pleased to offer for sale an 3 bedroom family home with a large plot to the side which has full planning permission to build an additional 4 Bedroom end terrace house the side of the property

Description

This fantastic building opportunity presents a 3-bedroom family home with a large plot to the side, which has full planning permission to build an additional 4-bedroom end-terrace house. The current property is let out on an Assured Shorthold Tenancy agreement, producing an annual income of £20,400, with the rent reducing by £250 per month once the building works commence. The existing house offers good-sized family accommodation, including a large living room, modern kitchen, family bathroom, and 3 bedrooms. The new build property has plans approved for a large kitchen family room, separate lounge, and 4 bedrooms, including two en-suite bathrooms. The property benefits from off-street parking and a decent-sized garden. With freehold ownership and a band C council tax rating, this is an excellent opportunity for investors or families looking to create a spacious home.