This property presents a significant opportunity for renovation and investment, with plans already in place for the conversion and extension into 48 self-contained apartments. The proposed layout includes one studio, 24 one-bedroom apartments, and 23 two-bedroom apartments, catering to a range of potential tenants or buyers.
Planning permission has been granted for extensive modifications, which include partial demolition and alterations to windows and doors, along with provisions for parking and landscaping. This strategic groundwork sets the stage for a smooth development process.
The site has undergone several essential preparatory works, including a complete interior strip-out, structural underpinning, and wall stabilization. Additionally, a secured perimeter and cleared external yard have been established, further facilitating the development phase.
Situated near the junction of Great Brickkiln Street and Lord Street, this location offers convenient access to shopping amenities in the center of Wolverhampton. Residents will benefit from nearby recreational areas such as West Park and Graisely Park, enhancing the appeal of the future apartments.
Transport links are also favorable, with National Rail services easily accessible from Wolverhampton station. This combination of location advantages and development potential makes this property an attractive option for investors looking to capitalize on the growing demand for residential accommodation in this area.
