Summary - 3, Old Road,CHATHAM,ME4 6BJ ME4 6BJ
1 bed 1 bath Residential Development
**Standout Features:**
- Prime central Chatham location with excellent transport links
- Planning permission for 4 flats (2 x 2-bedroom and 2 x 1-bedroom)
- Off-street parking available
- Freehold interest with vacant possession
- Site area of approximately 106 sq.m. (1140 sq.ft.)
- Nearby amenities including schools, restaurants, and shops
**Notable Concerns:**
- Current structure is a commercial taxi office requiring demolition
- Vulnerability to high crime rates in the local area
- Limited outdoor space due to urban setting
Unlock a promising development opportunity in the heart of Chatham with planning permission already secured for the conversion of a taxi office into four residential flats. This project proposes two spacious 2-bedroom and two 1-bedroom units, complemented by off-street parking, making it an ideal venture for small developers and builders looking to tap into the growing rental market. The central location boasts excellent transport access close to the railway station and a vibrant array of nearby amenities, including schools with good to outstanding Ofsted ratings.
Despite its current commercial use as a taxi office, the property offers a blank canvas for modern urban living, ideal for investors or those looking to make their mark in Chatham's revitalizing landscape. However, potential buyers should be aware that the site is situated in an area with a high crime rate and will require the demolition of the existing building before construction can commence. This offers an advantageous entry point into a sought-after locale, but be prepared to address urban challenges such as limited outdoor space. Priced at £320,000, this freehold opportunity won’t last long—act now to secure your foothold in Chatham's thriving property market!
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