*INVESTMENT & DEVELOPMENT OPPORTUNITY* 187 Tettenhall Road, Wolverhampton, West Midlands, WV6
- SIZE AVAILABLE
2,577 sq ft
239 sq m
- SECTOR
Residential development for sale
Key features
- Prominent residential investment
- Situated within close proximity to Wolverhampton City Centre
- Total Net Internal Floor Area: 2,577sqft (239.4 sqm)
- Private car parking
- Comprises of 6 residential dwellings
- Opportunity to develop to the rear of the property
- Planning ref: 23/00433/FUL (Wolverhampton Planning)
- Currently generating circa £70,140.00 per annum
- Investment Sale - Price on Application
Description
The property extends to approx. 2,577 sqft (239.4 sqm), is currently fully occupied, producing an annual income of £70,140.00 exclusive, with potential to achieve further income from any further development.
Planning permission has been obtained for the construction of a 2-bed single detached bungalow at the rear of the property. Planning ref: 23/00433/FUL on the Wolverhampton Planning website.
The property fronts the main A41 (Tettenhall Road) which provides a direct link to the M54 motorway (junc. 3) to the northwest and Wolverhampton City Centre is located approximately 1 mile to the east.
The property is situated within a Conservation Area, with neighbouring properties being a mix of residential and commercial uses.
To the rear is a surfaced private car park which is accessed via a private driveway located at the left-hand side of the building.
Brochures
*INVESTMENT & DEVELOPMENT OPPORTUNITY* 187 Tettenhall Road, Wolverhampton, West Midlands, WV6
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wolverhampton St George's Tram Stop1.3 miles
- Wolverhampton Station1.4 miles
- The Royal Tram Stop1.6 miles
About Towler Shaw Roberts, Wolverhampton
4 Tettenhall Road, Wolverhampton, WV1 4SA
Since 1991, TSR have been providing expert professional advice on Commercial Property matters with the remit of adding value to our individual clients business. With three strategically located offices in Shropshire and the West Midlands TSR's in depth knowledge of the local markets conditions has led to our coverage extending beyond our typical coverage of Wales, the West Midlands, Shropshire and Staffordshire.
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Notes
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