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3 bedroom detached house

Sold STC
Detached house
3 beds
2 baths
1066
EPC rating: E
Added > 14 days

Key information

TenureFreehold
Council taxBand B
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Jg0769
  • Planning permissions secured for extensions and multiple redesign options, including flats, a HMO, or a large dwelling.
  • Planning application numbers:- 20221281 & 20230090
  • Potential rental income of £25,000-£27,000 per annum if converted into three flats.
  • Strong demand for diverse property types due to prime location near city centre and local amenities.
  • Current configuration includes three bedrooms, two reception rooms, and a tandem garage.
  • Situated in a vibrant rental market with promising long-term investment prospects.
  • Architectural plans available on the listing for prospective buyers.
  • Council Tax Band
  • EPC Rating

JG0769 - Explore a prime development opportunity in Aylestone with planning permissions for extensions and redesigns into flats, a HMO, or a large dwelling. Currently requiring renovation, this property offers potential rental income up to £27,000 per annum. Situated in a high-demand area, it features three bedrooms, two reception rooms, and a tandem garage. Architectural plans are available on the listing.

 

Discover an exceptional development opportunity in Aylestone, perfect for investors and developers seeking to capitalise on a property with immense potential. This detached home, currently featuring three bedrooms, two reception rooms, and a tandem garage, comes with planning permissions already secured for external extensions. With options for internal redesigns, the property offers the flexibility to transform into multiple flats, a HMO, or a spacious single dwelling. There's even potential to create a separate one-bedroom dwelling where the current garage stands, pending further architectural discussions.

The property is in a state requiring substantial renovation, presenting a blank canvas for those ready to undertake the work. However, the groundwork has been laid, with all external planning permissions in place, allowing you to focus on the creative possibilities.

Located in a high-demand area due to its proximity to the city centre and local amenities on Saffron Lane and Aylestone Road, this property promises a lucrative investment. The potential rental income stands at an impressive £25,000-£27,000 per annum if developed into three flats, with significant potential for capital appreciation. The vibrant rental market in Aylestone, coupled with the area's industrial and warehousing presence, indicates robust long-term investment prospects.

Architectural plans are readily available on the listing, providing a detailed guide for prospective buyers. This is your chance to develop a property that not only meets current market demands but also offers future growth opportunities. Don't miss out on making this your next successful project!

About this agent

eXp UK - East Midlands
eXp UK - East Midlands
114 St. Martin's Lane London, England WC2N 4BE
020 7768 8158
Full profileProperty listings
eXp UK are the newest estate agency business, powering individual agents around the UK to provide a personal service and experience to help get you moved. Here are the top 7 things you need to know when moving home: Get your house valued by 3 different agents before you put it on the market Don't pick the agent that values it the highest, without evidence of other properties sold in the same area It's always best to put your house on the market before you find a property The estate agent acts for the seller and is there to get the seller the best price possible Understand the length of time it can take - 14 weeks from when you accept an offer, or have an offer accepted to move in! A long time! It can get stressful, but speak to your agent and your solicitor and they will put you in the picture Be nice to estate agents - we're pretty nice people, offer some great advice and will help to get you moved.
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