Summary - FLAT ABOVE WOOLSINGTON HOUSE, DOCK ROAD INDUSTRIAL ESTATE, BURDON MAIN ROW NE29 6SU
1 bed 1 bath Not Specified
**Standout Features:**
- Investment opportunity: Planning permission granted for conversion into four three-story townhouses.
- Unique architectural appeal: Historic Victorian building with Dutch gables and beautiful brickwork.
- Regeneration area: Situated in a transforming neighborhood with luxury developments on the horizon.
- Spacious layout potential: Thoughtfully designed floor plans for modern living, including an open terrace with river views.
- Attractive council tax rates.
**Concerns:**
- Current semi-derelict condition with visible maintenance needs.
- Located in an area with high crime rates and overall deprivation.
- Very slow broadband speeds may affect remote work opportunities.
Nestled in the heart of a prime regeneration area in North Shields, the former Wolsington House Pub offers an exceptional investment opportunity for developers and visionaries. Planning permission is in place to convert this distinctive Victorian structure into four modern townhouses, each featuring expansive ground floor living areas and two or three bedrooms with en-suite options. With its stunning architectural details and a substantial size, this property is ripe for renovation while retaining its historical character.
However, the building is currently in a semi-derelict state, presenting a project that requires vision and investment. As the surrounding area undergoes significant transformation, capitalizing on rising property values and community development, this is a unique chance to be part of a vibrant future. The property not only promises comfortable living but also positions itself within a dynamic market with tremendous growth potential. Act quickly – opportunities like this are hard to come by!
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