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61 bed block of flats
Lock Street, Sheffield S6
£1,200,000
Lock Street, Sheffield S6
£1,200,000
Our Summary
- 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 projected development value is in the region of £8 million, highlighting the lucrative potential of this site
- Full Planning Permission for 61 Apartments
- Large Building Plot situated on Lock Street in Sheffield
- Planning App Ref
- Planning Permission fully protected
Description
This large building plot in Walkley, Sheffield, offers a lucrative investment opportunity for developers. With full planning permission to construct 61 apartments, the projected development value is £8 million, and the expected rental income is £55,000 per month. The groundwork has already commenced, providing a head start on the project. The site is situated in a highly sought-after area with a community feel, excellent transport links, local amenities, and schools, making it a desirable location for future residents. With a buyer's premium applying to the sale, this is a rare chance to invest in a prime piece of real estate in Sheffield, and interested parties are encouraged to contact the agent to learn more about this unique opportunity.