This property presents a compelling opportunity for investors seeking to capitalize on its approved planning permission for a five-person House in Multiple Occupation (HMO). Currently configured with commercial space on the ground floor and residential units above, it offers substantial flexibility for conversion into a contemporary rental property. The planned alterations include transforming the ground floor commercial area into both private and communal living spaces, complete with a spacious open-plan kitchen and living area that fosters social interaction among tenants. The first floor will feature three well-sized bedrooms, each equipped with en-suite bathrooms, enhancing appeal in the competitive rental market. Notably, the loft conversion will create a fifth bedroom suite, adding significant value. Externally, modifications to the front façade will shift the character from commercial to residential, further enhancing marketability. Overall, this project is ideal for a developer or landlord ready to move forward with a comprehensive renovation that promises strong rental income potential.
