available

Lock Street, Sheffield, S6

£1,200,000

Description

This large building plot is situated in the highly sought-after area of Walkley, Sheffield. It comes with the benefit of full planning permission to construct 61 apartments (Ref. No: 18/00308/FUL), making it an attractive proposition for developers. The groundwork has already commenced, providing a head start on this exciting project.

The projected development value is in the region of £8 million, highlighting the lucrative potential of this site. Furthermore, once complete, the expected rental income stands at an impressive £55,000 per month. This offers a substantial opportunity for investors looking to expand their portfolio in a vibrant and thriving area.

Walkley is known for its community feel and close proximity to Sheffield city centre. The area boasts excellent transport links, local amenities, and schools, making it a desirable location for future residents. Don't miss out on this rare chance to invest in a prime piece of real estate in Sheffield; contact us today to learn more about this unique opportunity.

Location

Floorplans