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2 bedroom bungalow for sale
41 High Matlock Road, Stannington, Sheffield, South Yorkshire S6 6AS
£100,000
41 High Matlock Road, Stannington, Sheffield, South Yorkshire S6 6AS
£100,000
Our Summary
- For sale via Online national auction on Monday 24th March at 1pm and closing on Tuesday 25th March
- BUNGALOW WITH PLANNING FOR A 3 BED, 3 BATH DETACHED HOME
- Planning permission has been granted for the demolition of the existing bungalow and the construction of a spacious three bedroom, three bathroom detached home of approximately 2,000 sq
- The current dwelling is a two bedroom detached bungalow in need of modernisation
- There is potential for either full redevelopment or refurbishment for those seeking a bungalow, which is a rarity in this area
- This freehold development opportunity presents an ideal prospect for developers, self-builders, or investors looking to create a high value home in a desirable location
Description
This property is a rare opportunity to acquire a prime residential plot in the sought-after village of Stannington, with planning permission granted for the demolition of the existing bungalow and the construction of a spacious three-bedroom, three-bathroom detached home. The projected end value of the new build is estimated to be in the range of £500,000 to £550,000. The current dwelling is a two-bedroom detached bungalow in need of modernization, but also has potential for refurbishment for those seeking a bungalow. The property sits on a generous private plot of approximately 0.15 acres, with no vehicle access from High Matlock Road and entry via a private footpath. The property is a freehold and is being sold via an online national auction, with an administration fee of £3,600 inc VAT payable on exchange of contracts.