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Land, in 150 Railway Terrace, £650,000
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Land

150 Railway Terrace, Rugby
Land Planning
£650,000

Our Summary

  • Development opportunity
  • Full Planning permission for 12 x 1 bed flats
  • Planning Reference R22/1217 & R25/0421
  • A unique development opportunity to acquire a residential development site with full planning approval for the erection of a 2-storey apartment block (8 flats) and renovation of an existing building (4 flats), in a sought-after location, close to Rugby Town Centre
  • Introduction - A unique development opportunity to acquire a residential development site with full planning approval for the erection of a 2-storey apartment block (8 flats) and renovation of an existing building (4 flats), in a sought-after location, close to Rugby Town Centre
  • Accessed via a private access-way on the north-side of the end-of-terrace property, the land to the rear of 150 Railway Terrace, which benefits from planning for 8 x 1 bed flats, was previously used as a taxi rank
  • Planning - The full planning permissions can be viewed on the Rugby Borough Council Planning Portal with the reference numbers R22/1217 & R25/0421
  • There are a number of conditions attached to the planning permissions and it is the responsibility of the purchaser to ensure they are familiar with these conditions

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Description

The property is a 0.26-acre freehold site in Rugby, with full planning permission for 12 one-bedroom flats. The site includes an existing 2-storey end-of-terrace property with direct road-frontage to Railway Terrace, and a previously used taxi rank area to the rear with planning permission for 8 flats. The site is surrounded by residential properties, has 6 parking spaces, and is located near the town centre, railway station, and local amenities.