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Swinton, Mexborough, South Yorkshire - Image 1
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Swinton, Mexborough, South Yorkshire

Yorkshire

£475,000

Listed on 01/09/2025

The listing

Property details

Bedrooms
N/A
Type
Not Specified

Description

This property offers a significant renovation and investment opportunity in the heart of Swinton, with approved planning for the development of 17 residential flats on a 0.22-acre site. The existing two-storey building, previously known as Cafe Sport, is positioned adjacent to a public open space that forms part of Swinton Park, providing a pleasant setting for potential residents. Located within Mexborough—a town steeped in history—this site is well connected to major roadways and public transport links. The M18 is a short drive away, along with access to the M1 at Junction 35 and the A1(M) at Junction 36. Mexborough train station is approximately 1.3 miles from the property, offering direct services to Sheffield, Doncaster, and Leeds, which enhances the appeal for future tenants or homeowners. The building itself encompasses around 11,000 square feet and features a mix of flat and pitched roofing. With conditional planning permission granted for conversion into residential units—comprising two two-bedroom flats, eight one-bedroom flats, and two studio apartments—the groundwork has been laid for an exciting redevelopment project. Further potential exists with additional planning approval to increase height by adding another floor that would accommodate five more residential units. Situated within the Mexborough Conservation Area adds interest to this investment; however, any improvements must adhere to local regulations due to restrictions on permitted development rights. This presents an opportunity for developers willing to navigate these considerations while transforming the property into desirable living spaces. Given its prime location near local amenities—such as schools, shops (including Co-op Food), and recreational spaces—the site stands ready for revitalization in a community that embraces both its historical context and modern demands. For investors looking at potential returns, the lack of Community Infrastructure Levy (CIL) liabilities on certain conversions further enhances its attractiveness. In summary, this property not only invites creative redevelopment ideas but also aligns well with current housing needs in an area rich with cultural heritage and accessibility.

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Location

Swinton, Mexborough, South Yorkshire
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Finance

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,794
Based on a loan of £356,250 over 30 years at 4.45% interest

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