This property presents a unique chance to invest in a strategically located residential development site in the desirable Walderslade area. Currently housing the La Torre maisonettes, which are fully rented and generating a steady monthly income of £3,300, it offers a ready-made revenue stream for investors while enabling future enhancement plans. With full planning permission already in place, buyers can smoothly transition into development without the typical delays associated with obtaining approvals.<br><br>Various avenues await potential purchasers, such as executing the approved residential development plans designed to maximize the site's potential, retaining the existing properties as lucrative rentals, or possibly reconfiguring the maisonettes back into a single family home if desired (subject to additional consents). The combination of solid rental yields and growth potential in this prime location makes this an attractive proposition for developers and investors alike.<br><br>The property's location is advantageous, providing convenient access to local amenities, public transport links, schools, and major roadways - ensuring both immediate returns and long-term appreciation for its future owners. Viewing is highly recommended for those looking to explore this multifaceted opportunity further.
