**Standout Features:**
- **Development Opportunity:** FULL planning permission for either two houses or seven flats.
- **Substantial Space:** 500 sq/m property located on a generous 0.25-acre plot.
- **Parking:** Off-street parking for up to 17 cars.
- **Outdoor Appeal:** Beautiful gardens surrounding the property, lush with mature trees.
- **Profitable Potential:** GDV of £3.5m; potential to increase to £7m with further development.
**Summary:**
Introducing The Willowsmere, a developer's dream situated in the picturesque Lake District (Postcode: LA23 1ES). This expansive 500 sq/m property offers an incredible opportunity to capitalize on existing planning permissions for two separate houses or seven trendy flats. With an impressive potential GDV of £3.5m, this asset is in an affluent area where residential properties achieve values up to £8,000 per sq/m.
The site is enveloped in beautiful gardens, featuring ample parking for up to 17 vehicles, making it ideal for potential tenants or owners. While the current condition is suitable for development efforts, there is also room for further extension to the rear or side of the existing property, enhancing its appeal. Local amenities include small class schools and easy access to leisure facilities, catering to families and retirees alike.
Though the region hosts a peaceful vibe with average crime rates, be mindful that broadband speeds are slow. This property presents a unique combination of serene rural living with lucrative rental potential that discerning investors shouldn’t overlook. Opportunities like this are rare in such a desirable area—don't miss your chance to shape the future of The Willowsmere!
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