Attention property developers and investors, are you on the lookout for promising development opportunities?
Discover five UK properties from across the country in need of development that are currently listed for sale. Choose from a Grade II-listed Victorian townhouse in Tonbridge offering the chance to create a large family rental or flip; a semi-detached property close to local schools and amenities in Clacton-on-Sea that could make a great starter home or rental investment; a commanding former care home in Burnham-on-Sea with bundles of development potential; a prime freehold site with planning permission for 18 apartments boasting an estimated gross development value exceeding £2,500,000 and a beachfront holiday let in Cornwall, offering stunning panoramic sea views and a unique experience for holidaying tenants. Join us as we explore each property’s potential.
6-bedroom period property in grammar school catchment area, Tonbridge – £650,000
This impressive Grade II-listed Victorian townhouse marketed by Ibbett Mosely presents several opportunities for property investors and developers. Benefiting from five/six bedrooms, two bathrooms and a host of original period features, it offers investors the chance to create a highly desirable rental property, main residence or a lucrative flip.
Currently in need of complete modernisation and refurbishment, the spacious and adaptable accommodation includes a self-contained lower ground floor flat that could be rented out or integrated into the main house. The property, which is being marketed by Ibbett Moseley, is located within the Tonbridge School Conservation Area and is just a short walk from Tonbridge High Street and the local grammar schools, so it could appeal to families looking to move into the catchment areas.
Potential first-time buyer home or rental investment Clacton-on-Sea – £190K
Located on Victory Road, Clacton-on-Sea, this semi-detached property offers an opportunity for buy-to-let landlords or first-time buyers wanting to put their stamp on a property. Currently configured as a four-bedroom home and located close to local schools and shops, the property requires modernisation throughout.
Being marketed by Leaders Sales, Clacton-On-Sea, the property features a spacious hallway leading to the kitchen and living room. Sliding doors open into the sunroom with a separate W/C and access to a generous rear garden. The front room can be adapted to create an open and inviting living space. Upstairs, there are two double bedrooms, a single bedroom and a family bathroom. Additionally, the property’s proximity to Clacton town centre and the mainline train station, offering direct links to London Liverpool Street, enhances its investment potential.
Former 22-bedroom care home auction opportunity, Burnham-on-Sea Somerset – £800K
Mark your calendar for Thursday, November 16th, 2023, as this commanding, 22-bedroom former care home goes up for public auction at The Royal Hotel, Weston-super-Mare and online at 7.00 pm. This detached property, nestled within serene gardens and grounds, offers property investors and developers an exciting blank canvas for transformation. Subject to the necessary planning permissions and building regulation approval, this freehold gem has the potential to evolve into a variety of exciting ventures while preserving its period character.
Located in the coastal town of Burnham-on-Sea, with a vibrant high street filled with shops and restaurants, plus the allure of the seafront and Esplanade, this property’s location is undeniably attractive. For commuters, easy access to the M5 Motorway opens up excellent connections to Taunton, Bristol and beyond, while the nearby town of Highbridge offers a mainline railway link.
Former public house with planning permission granted for 18 apartments – Birmingham £600K (traditional auction)
Available for sale by auction on November 15th, 2023, this prime freehold site at Old Forest Way, Birmingham is an interesting prospect for property investors and developers. Situated on approximately 0.55 acres, this former derelict public house has planning permission granted for the construction of 18 apartments complete with car parking and communal gardens. With an estimated gross development value exceeding £2,500,000, this project offers substantial potential for profit and growth.
Beachfront holiday let with panoramic sea views in Whitsand Bay, Cornwall – £650K
Presenting St Davids, a charming, detached chalet that sleeps 6-8 people with stunning panoramic sea views overlooking the sandy shores of Whitsand Bay, Cornwall. This beachfront property could be the perfect opportunity for property investors seeking to create a successful holiday let. With its unbeatable location at the top of the cliff and the coast path right at its doorstep, this home offers a unique and attractive experience for holidaying tenants.
Situated on a private road with off-street parking for two cars, St Davids boasts front and rear gardens, providing a sense of privacy and tranquillity. The spacious open-plan living area on the ground floor is bathed in natural light, offering breathtaking ocean views. The kitchen is fully equipped and the dining area features a large picture window, perfect for enjoying the sea views. The first floor is designed as a family room with additional sleeping space and more sea views. Outside, the south-facing rear garden is ideal for al fresco dining while enjoying the beautiful coastal scenery. Beyond the garden gate, the cliff path grants easy access to Whitsand Bay, known for its long sandy beach, making it a beloved destination for surfers and families alike. This property could benefit from modernisation to turn it from an everyday let to an exceptional holiday experience for future tenants.
Have any of our refurbishment picks piqued your interest? Let us know which one could be your next successful property investment.