Block of apartments for sale

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Block of apartments for sale

Hoxton Road, Torquay TQ1
£320,000

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 is a substantial semi-detached property in [LOCATION], comprising a commercial premises on the ground floor, a spacious two-bedroom flat on the first floor, a sizeable cellar, and a separate two-storey outbuilding to the rear with garaging and a large first-floor area. The commercial space, previously an undertakers, has potential for redevelopment into residential use, with the owners having prepared conversion plans for the main house into two flats and the outbuilding into either a single or two residential flats, although these plans require formal planning approval. The first-floor flat is currently let on an assured shorthold tenancy. The property also benefits from parking areas to the front and rear. The versatile nature of this property makes it an attractive proposition for a range of potential buyers, whether looking for a mixed-use development or a large family home with additional income.
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