**Standout Features:**
- Planning permission granted for 4 self-contained units (3 x 2-bedroom and 1 x 1-bedroom).
- Current commercial building generating £38,000 per annum in rental income.
- Very large plot size offers considerable development potential.
- Located in a vibrant area with a strong demand for family-friendly accommodations.
**Concise Summary:**
This prime development site in the UB5 district presents a unique investment opportunity with planning permission recently granted for four self-contained residential units, consisting of 3 two-bedroom flats and 1 one-bedroom flat under reference number 217102FUL. The property currently features a commercial building yielding £38,000 annually, ensuring immediate income while you plan for future renovations.
Set in an area characterized by young families and a mix of cultural communities, this location benefits from proximity to reputable schools, including Crane Park Primary and Springwest Academy, which hold good Ofsted ratings. Although the area has a high crime rate and is classified as deprived, the potential for growth is significant, particularly with its large plot size and current commercial use. Buyers will appreciate the strong local amenities such as convenience stores, eateries, and excellent public transport links.
This is a rare opportunity to secure a property that combines immediate cash flow with substantial future potential for residential development, perfect for investors looking to tap into a growing market. Don’t miss out on this chance – seize the future of this promising site today!
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