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Land
Lock Street, Sheffield S6
£1,100,000
Lock Street, Sheffield S6
£1,100,000
Our Summary
- This large building plot is situated in the highly sought-after area of Walkley, Sheffield
- It comes with the benefit of full planning permission to construct 61 apartments (Ref
- No: 18/00308/ful), making it an attractive proposition for developers
- The projected development value is in the region of £8 million, highlighting the lucrative potential of this site
Description
This large building plot in Walkley, Sheffield, offers a rare investment opportunity with full planning permission to construct 61 apartments. The groundwork has already commenced, providing a head start on the project, which is expected to have a development value of around £8 million. Once complete, the apartments are projected to generate an impressive £55,000 per month in rental income, making it an attractive proposition for developers and investors. The plot is situated in a highly sought-after area with a strong community feel, excellent transport links, and local amenities, making it a desirable location for future residents.