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Cricklade Road, Wiltshire SN2 Land for sale
Cricklade Road, Swindon, Wiltshire, SN2
£700,000
Cricklade Road, Swindon, Wiltshire, SN2
£700,000
Our Summary
- * PLANNING APPLICATION GRANTED FOR 7 APARTMENTS PLUS LARGE COMMERCIAL UNIT (SCOPE FOR MORE UNITS STPP)*Ready to turn heads - and a profit
- The details:Current approved scheme includes:1 x 2000+ sq ft commercial unit 6 x Studio apartments1 x Two-storey one bedroomFurther development uplift (STPP): the site holds scope to increase residential units or potential for large multiple HMO project, subject to planning
- An uplift like this could push your GDV significantly higher and boost long-term rental yield or resale potential
- This is one of those rare blends of location, flexibility and ROI - ideal for developers, portfolio builders, or commercial strategists looking to future-
Description
This prime property is a rare opportunity for savvy investors or developers to turn a profit. Located in a bustling commercial area with high foot traffic, the property offers a large commercial unit of over 2,000 square feet, perfect for a variety of businesses such as retail, finance, or a cafe. The property also features six studio apartments and one two-storey one-bedroom apartment, making it an ideal live-work space or investment opportunity. The property has already been approved for its current scheme, but there is scope to increase the residential units or potential for a large multiple HMO project, subject to planning, which could significantly boost the property's value and rental yield. With its prime location, flexibility, and potential for ROI, this property is not to be missed.