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Block of apartments for sale
Investment/Redevelopment Opportunity, Torquay
£300,000
Investment/Redevelopment Opportunity, Torquay
£300,000
Our Summary
- The ground floor of the main house house previously been used as an undertakers offices and premises and offers scope for continued commercial use or possible re-development into residential use, subject to obtaining any necessary planning consents
- The current owners have drawn up plans for conversion into two flats but have not submitted a formal planning application
- This again has scope for development into residential use possibly retaining the garaging on the ground floor with a flat above or possibly developing into two residential flats, subject to obtaining any necessary planning consents
- The current owners have drawn up plans for conversion but have not submitted a formal planning application
Description
This semi-detached property offers a unique opportunity for development or renovation. The ground floor is currently used as a commercial premises, previously an undertaker's office, and has scope for continued commercial use or potential redevelopment into residential use, subject to planning consents. The first floor is a two-bedroom flat let on an assured shorthold tenancy. The lower floor features a large cellar/basement with limited head height. A separate two-storey outbuilding to the rear, previously used for garaging, has potential for development into residential use, possibly retaining garaging on the ground floor with a flat above or converting into two residential flats. The property also features parking areas to the front and rear. The owners have drawn up plans for conversion, which are available to view upon request. Additionally, the adjoining property at number 4 Hoxton Road, a large maisonette and garden level flat, may also be available for purchase, depending on interest.