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Church Parade, Telford 3 bed end of terrace house for sale
Church Parade, Telford
£230,000
Church Parade, Telford
£230,000
Our Summary
- Looking for A development opportunity whilst receiving income from a current tenancy agreement
- The property comes with planning permission for a two storey property next door
- A further development opportunity could be looked at in the rear garden with access from the adjacent road
- This would be STPP
- Full Planning Granted for Additional Dwelling
- Further Development Opportunity
Description
This property presents a unique development opportunity with a current tenancy agreement in place, generating £900 per month in income. The existing tenant is willing to stay on, allowing the buyer to receive a steady income stream while working on the development potential of the property. The adjacent plot has already received planning permission for a two-storey property, with the base already built and signed off. Additionally, there is potential for further development in the rear garden, subject to planning permission. Located in the popular area of Oakengates, the property is close to local amenities, a community hub, and the theatre, with Telford Town Centre just a three-mile drive away.