This large development opportunity in Allerton Bywater would appeal to investors seeking to add value to a property. The property comprises a 530sqm (5,704sqft) former working man's club that’s been taken back to brickwork and requires full renovation. Overall the site extends to 0.5 acres including a large car park. It has full planning permission (Ref 23/06699/FU) for the existing commercial building to form 9 self-contained apartments (plus retention of existing residential flat). There is an existing residential dwelling that is operating as a small HMO and currently 4 bedrooms are tenanted. It’s generating a gross income of £26,000pa with the landlord paying bills. This accommodation includes a communal kitchen, 5 bedrooms (1 with ensuite), shared WC and shower room. It’s located in Allerton Bywater, which is a village located between Leeds and Castleford. There are plenty of shops, supermarkets, schools and a train station found within Castleford which is 2 miles away.

Lower Ground Floor

Storage in Working Man's Club

Ground Floor

Former Working Man's Club. House: Kitchen, bedroom and en-suite

First Floor

Four bedrooms, shower room and WC

Externally

Large car park

Additional Information

Council Tax

Wakefield - Band A (house)

EPC Rating

House: D Club: to follow

Tenure

Freehold

Charges and Payments

In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.