Approved mixed-use scheme with immediate rental and resale potential.
- Planning granted: 1x 2,000+ sq ft commercial, 6 studios, 1 two-storey 1-bed
- Existing two-storey garage with living space and large unfinished loft
- Further development uplift possible subject to planning (STPP)
- Plot size described as decent; three floors of usable space
- Tenure unknown — must be confirmed before exchange
- Area is deprived with high crime rates; security and management required
- Very slow broadband may deter some tenants or businesses
- Interior spaces unfinished; budget for fit-out and refurbishment
A rare brownfield development opportunity in a busy Swindon town location with planning permission already granted. The approved scheme delivers a large ground-floor commercial unit (2,000+ sq ft) and seven residential units (six studios and one two-storey one-bedroom), giving immediate scope for rental income or resale. The site includes an existing two-storey garage with living space above and a sizeable loft area — both currently unfinished and suitable for conversion or incorporation into a refreshed scheme.
This plot suits developers and investors seeking a near-term planning exit or a longer-term hold. The area attracts strong footfall from diverse local shops, leisure and transport connections, supporting commercial let potential. There is further development uplift possible subject to planning (STPP), which could increase unit count or reconfigure for higher-yield tenures such as HMOs.
Be candid about constraints: the location sits in a deprived neighbourhood with high crime levels and very slow broadband, which will affect rental demand and tenant profiles. Tenure is unknown and should be confirmed early. The existing buildings need interior completion and renovation work, so budget for fit-out, possible remediation and ongoing management. Parking is limited to a garage on site; additional parking provision would be constrained.
For investors who model realistically and factor refurbishment, security measures and connectivity improvements, this site offers flexible income streams from both the commercial unit and multiple flats, with upside if planning for extra units is achieved.
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