Park Street, Wellington, TF1

12 bedroom property for sale

£550,000

FULL PLANNING FOR 9 x 1 BED APARTMENTS - CURRENT B&B set in the heart of Wellington consisting of 12 bedrooms covering approximately 3,900 Sq ft. (With development potential 0.25 Acres) FREEHOLD.

Fantastic opportunity to procure this beautiful Victorian property current Bed & Breakfast with 12 en-suite rooms with 2 Bedroom apartment which is used as living quarters.

The development sits on a 0.25 Acres site and currently has FULL PLANNING for 9 further apartments 9 x 1 BED apartments with parking to the rear. The Lord Nelson sits on Park Street a stones throw from the centre of Wellington and the Prince Royal Hospital in the opposite direction.

One Beds in this area would sell for £90,000 and Two Bed apartment would be approximately £110,000 which would be approximately £920,000 GDV.

Potential to build at the rear with less parking allocation as being centrally located.

For more information or to book a viewing please contact the Sales Team on the details below.

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