Block of Flats with Planning to extend & building plot

This property presents a compelling opportunity for investors seeking to capitalize on its existing rental potential and future development options. Comprising four two-bedroom apartments, the building is already generating income while offering a solid foundation for further growth. Notably, planning permission has been granted for an extension that will enable the construction of three additional two-bedroom apartments, complete with dedicated parking and a landscaped garden area. This expansion not only increases the property's value but also enhances its appeal to potential tenants. Additionally, there is a private and secluded building plot located at the rear of the property, which comes with detailed planning permission for an eco-friendly bungalow. The combination of apartment units and the potential for a standalone home creates a unique investment scenario, allowing for diverse rental opportunities in a market that increasingly favors sustainable living options. Situated in a location that benefits from both community amenities and transport links, this property holds significant promise for those looking to invest in real estate with renovation and development capabilities. The existing layout provides immediate occupancy options while future modifications can lead to enhanced profitability. This blend of current functionality with renovation potential makes it an attractive prospect in today’s competitive market.