5 Bedroom Not Specified

An exceptional opportunity to acquire a prime residential development site in a highly sought-after location on Boxley Road, Walderslade. This versatile property offers full planning permission, strong existing rental income, and significant investment and development potential.

The site currently comprises the La Torre maisonettes, which are fully tenanted and generating an impressive £3,300 per calendar month, providing an immediate and established income stream for buy-to-let investors or developers seeking a yield while planning future works.

The land and existing properties benefit from approved planning permission, allowing a purchaser to proceed with the development without the uncertainty or delays of the planning process. Approved plans and further details are available within the marketing photographs.

This opportunity is ideal for a range of buyers, including developers, investors, and property companies, with flexible options to:

Implement the approved residential development

Retain the property as a high-yield buy-to-let investment

Reconfigure or convert the maisonettes back into a single dwelling (subject to any further required consents)

Opportunities offering planning permission, immediate rental yield, development potential, and a prime Walderslade location rarely become available.

Located within easy reach of local amenities, transport links, schools, and major road networks, the property is well positioned for both investment and future resale value.

Early viewing is strongly recommended to fully appreciate the scale, flexibility, and potential of this unique development opportunity. Please contact the agent for further information or to arrange a viewing.