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End of terrace house for sale
Grange Road, Middlesbrough TS1
£475,000
Grange Road, Middlesbrough TS1
£475,000
Our Summary
- A prime town centre development opportunity which is located inside the 'middlesbrough development coprporation' zone
- Positioned within A favourable spot for student accommodation due to its close access to linthorpe road and borough road, as well as being equally as conveniently positioned for middlesbrough' bus station, the A66 and A19 roadlinks and also middlesbrough' trainstation which is around ten to fifteen minutes walk away creating potential for any created residential accommodation to be occupied by professional tenants
- The finished scheme would generate massive potential income in what is A very high demand sector
- For anyone not wishing to undertake such large scale development the building offers potential to be retained as individual commercial / retail units or serviced office space which would benefit from their position on the edge of bustling captain cooks square (home to 'level X' and the bazaar restaraunt amongst other), the multi level 'captain cooks car park' etc however undoubtedly the proposed scheme at hand is by far the most lucrative route
- Due to the high ceilings within there is the potential to lower floors to allow for another internal floor without altering the current exterior structure of the building
Description
This prime town centre development opportunity is located within the Middlesbrough Development Corporation zone, offering a favorable spot for student accommodation due to its proximity to Linthorpe Road, Borough Road, and Middlesbrough's bus station, A66, A19 roadlinks, and train station. The property has the potential to generate massive income in a high-demand sector, whether developed as residential accommodation or retained as individual commercial/retail units or serviced office space. The building's position on the edge of Captain Cook's Square and the multi-level car park makes it an attractive location for businesses. The available floor space includes 211.76 sq m on the ground floor, divided into three units, and a further 211.76 sq m on the first floor, offering a total of 423.52 sq m of potential development space.