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Real Estate · For Sale

61 bedroom block of flats for sale

Price

£1,200,000

Location

Lock Street, Sheffield S6 · Sheffield · S6 3BJ · GB

Bedrooms

61

Bathrooms

61

Receptions

61

Type

apartments

About this property

This large building plot is situated in the highly sought-after area of Walkley, Sheffield. It comes with the benefit of full planning permission to construct 61 apartments (Ref. No: 18/00308/FUL), making it an attractive proposition for developers. The groundwork has already commenced, providing a head start on this exciting project. The projected development value is in the region of 8 million, highlighting the lucrative potential of this site. Furthermore, once complete, the expected rental income stands at an impressive 55,000 per month. This offers a substantial opportunity for investors looking to expand their portfolio in a vibrant and thriving area. Walkley is known for its community feel and close proximity to Sheffield city centre. The area boasts excellent transport links, local amenities, and schools, making it a desirable location for future residents. Don't miss out on this rare chance to invest in a prime piece of real estate in Sheffield; contact us today to learn more about this unique opportunity. *A buyer's premium of 1% + VAT, (subject to a minimum of 2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of 995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information

Location

Lock Street, Sheffield S6 · Sheffield · S6 3BJ · GB