Summary - 374, NETHERFIELD ROAD NORTH L5 0RQ
1 bed 1 bath Residential Development
**Standout Features:**
- Vacant former bank with adjacent land
- Pending planning application (20F/1243) for a 3-6 storey residential building
- Potential for 49 residential (C3) apartments
- Less than 2 miles from Liverpool City Centre
- Freehold tenure and sizeable plot (approx. 0.161 hectares/0.398 acres)
- Close to local amenities and public transport (bus and railway)
**Concerns:**
- Current building in derelict condition
- High crime rates in the local area
Nestled within a thriving residential locale in Liverpool, this former bank at 374 Netherfield Road North offers a golden opportunity for astute investors or developers. With a pending planning application to transform the site into a modern 3-6 storey building featuring 49 residential apartments, the project aligns perfectly with the surrounding community's needs, marked by a blend of apartment blocks and family homes. Its strategic location, just under two miles from the bustling Liverpool City Centre, ensures easy access to vital amenities and transport links, including Sandhills Railway station and several bus routes.
This expansive plot of land presents extensive redevelopment potential, allowing for thoughtful residential designs that could cater to the demand for housing in a growing urban area. However, potential investors should consider the derelict state of the existing structure and the community's high crime rates, which may impact both renovation plans and rental appeal. With ample space for access and parking already indicated in the planning proposal, this development opportunity is an enticing prospect—ideal for those looking to make a significant impact in a rapidly evolving neighborhood. Don't miss out on this chance to shape the future of this promising site!
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