Other

Exceptional investment development opportunity featuring a substantial three-storey building in a prime central location with plans for HMO conversion. This impressive building presents remarkable income potential of up to £86,100 annually, offering sophisticated investors an outstanding return on investment through strategic mixed-use development in an area of high commercial and residential demand.

The ground floor comprises a double-fronted shop unit with potential to subdivide into two separate single-fronted retail spaces, maximising commercial rental streams. Additionally, a rear workshop and large garage provide further revenue-generating value. The flexible ground floor configuration allows investors to optimise commercial returns based on local market demand whilst maintaining strong retail appeal in this sought-after central location.

The first and second floors present the primary value creation opportunity, with potential for 7 double and two single rooms - 16-person HMO upon planning permission approval. The development plan intelligently utilises the existing layout to incorporate necessary communal facilities

Currently vacant, the property offers immediate access for refurbishment works without tenant management complications. The combination of substantial building scale, prime central positioning, and impressive income potential makes this a rare opportunity for experienced developers seeking superior returns through strategic property transformation in a proven high-demand location.