Church Road, Paddock Wood TN12 1 bed flat for sale

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Church Road, Paddock Wood TN12 1 bed flat for sale

Church Road, Paddock Wood TN12
£1,950,000

Our Summary

  • Comprising 7 one bedroom apartments and a build plot for three, 4 bedroom town house dwellings
  • Build plot for three town houses planning reference 23/0208/FULL
  • Build plot for three town houses planning reference 23/0208/full

Description

This exceptional investment opportunity presents a block of 7 one-bedroom apartments and a development plot for three, 4-bedroom townhouse dwellings. The apartments are located a short distance from the town center and mainline station, with six currently occupied by shorthold tenants and one in vacant possession. The building features allocated parking spaces, gas central heating, and double glazing. Notably, the property has a 999-year lease, with a management company established to maintain the building. The development plot offers a unique chance to build three additional townhouses, providing a potential for increased rental income or resale value.