49 PARK ROAD , ST ANNES ON SEA, LANCASHIRE, FY8 1PW
Investment Investment - FlatsHMOs Investment - Devlp. Potential
For Sale: £115,000
SOLD
Key Features
***Sold***
How to find out more…
If you have any questions about the property or would like to book a viewing, please get in touch with us via our contact page or the enquiry and viewing buttons above.
Property description
The property benefits from planning permission to be converted into two 2 bedroom flats and one 1 bedroom flat.
Architect plans are available on request from our office.
The estimated cost of conversion is in the region of £90,000 and a 15% developers profit has been calculated into the valuation of the development.
We anticipate the below gross development values for the individual flats.
Ground and basement floors: 2 bedroom flat - £100,000
First floor: 2 bedroom flat - £85,000
Second floor: 1 bedroom flat - £60,000
Gross development value combined - £245,000.
For viewings or further information please contact our office on 01253 316 919