This property presents an intriguing development opportunity with existing rental income, located in Northwich. Currently configured as two self-contained apartments—a one-bedroom and a two-bedroom—this site generates a monthly rental income of £1,325, totaling £15,900 annually. The planning consent allows for the demolition of the current structures to make way for the construction of two four-bedroom semi-detached homes, catering to the growing demand for family housing in this area.
Situated conveniently near Northwich town centre and excellent transport links via the A556, M56, and M6, this property has significant appeal for developers looking to capitalize on the local real estate market. Recent sales in the vicinity indicate strong resale potential, with similar properties achieving notable market values. Documentation including ASTs, EICRs, Gas Safety Certificates, EPCs, and approved planning is readily available, providing a seamless transition into redevelopment. This project holds promise not just for immediate income through leasing but also for substantial future returns on investment.
