available
£149,995
We are delighted to bring to the market a fantastic investment opportunity to purchase this three storey building which has planning approved for the conversion into 3 x self contained apartments. Please see the detailed architect drawings for additional details on the proposed layout of the development.
The property requires full renovation throughout and is situated in a fantastic location in central Balby, within walking distance to the town centre and all local amenities such as schools, parks, shops, supermarkets, bars, restaurants and cinemas. Please note that the new price reflects the fact that the property now benefits from a brand new roof.
Upon completion of this conversion, the property would benefit from a significant increase in capital value and would make a fantastic long term investment with the potential for an ongoing annual projected rental income of approximately £21,600 per annum with a projected ROI of over 10% after refinancing.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property, £995 + VAT of which must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page of our website for more information.
