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Our Summary
- Nestled in the heart of Warrington, at 394-412 Knutsford Road, this development property presents a remarkable opportunity for investors and developers alike
- 23 acres, we understand that the site has previously had planning permission for the construction of 11 apartments (now lapsed)
- With an annual rental income of £36,000, this property not only offers potential for residential development but also provides a steady revenue stream in its current state
- This is a rare chance to acquire a piece of land with significant development potential in a sought-after location
- Whether you are looking to reinstate the previous planning permission or explore new possibilities, this property is a blank canvas ready for your vision
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Description
Nestled in the heart of Warrington, this development property at 394-412 Knutsford Road presents a remarkable opportunity for investors and developers. The 0.23-acre site has previously had planning permission for 11 apartments, which has since lapsed. However, the property still generates an annual rental income of £36,000, providing a steady revenue stream.
The location is advantageous, with excellent transport links and local amenities, making it an attractive prospect for future tenants. This rare chance to acquire a piece of land with significant development potential in a sought-after location offers a blank canvas for your vision, whether you choose to reinstate the previous planning permission or explore new possibilities.