Features
- FANTASTIC DEVELOPMENT OPPORTUNITY
- FULL PLANNING PERMISSION GRANTED
- TWO BEDROOM TERRACE
- 4 BEDROOM SEM-DETACHED
- POTENTIAL FOR HMO
- QUIET VILLAGE OF DERI
Full Details
This unique opportunity presents itself in the form of a commercial development property listed for sale, located in the peaceful neighbourhood of Deri. This property is currently set up as a commercial business operating as a pub, which could be an attractive proposition for those seeking to tap into the hospitality sector. However, the property's true potential lies in its capability for transformation.
The property currently requires renovation, and it is here that the visionaries, the investors, and the developers will see the untapped potential. The property holds full planning permission, granted in 2024, for conversion into a two-bedroom terrace and a four-bedroom semi-detached dwelling. This grants the new owners a plethora of options for redevelopment and the flexibility to mould this property into a lucrative investment.
Moreover, the permissions in place offer the potential to change plans and convert the property into maisonettes or a house of multiple occupancy with a potential for up to 6 bedrooms, further expanding the potential returns on this investment.
The property's location in Deri adds to its appeal, offering a serene setting that could be ideal for future residents. Whether you wish to continue running the property as a commercial business or convert it into a residential dwelling, the location is sure to appeal to a broad range of tenants or buyers.
In conclusion, this property offers a fantastic opportunity for investors and developers looking to expand their portfolio in a profitable direction. With its current setup, granted permissions, and potential for redevelopment, this property promises a unique investment opportunity with a potential for high returns. Don't miss this chance to own a piece of Deri and shape it into your vision of success.
PLANNING PERMISSION Planning Ref No 24/0028/COU Alternative reference PP-12697762.
In accordance with the 1993 Misrepresentation Act the agent has not tested any apparatus, equipment, fixtures, fittings or services and so, cannot verify they are in working order, or fit for their purpose. Neither has the agent checked the legal documentation to verify the leasehold/freehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor. Also, photographs are for illustration only and may depict items which are not for sale or included in the sale of the property, All sizes are approximate.
INDEPENDENT MORTGAGE SERVICE AVAILABLE.
Your home is at risk of being repossessed if you do not keep up repayments on your mortgage.
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