Offers in region of
£475,000
(£501/sq. ft)
Land for salePenistone Road, Middlesbrough TS3
948 sq. ft
About this property
A site which is expected to get interest from both social housing providers and private developers
It is felt that there is a demand for Bungalows within Middlesbrough which is currently larger than the available supply, in both the social housing and private owner markets.
The Vendor expects that the value of each completed Semi Detached Bungalow to be circa £160,000 (depending on market conditions and economic climate at that time)
The vendors are open to discussing a Joint Venture with any reputable and experienced builders / developers;
** A large amount of further information is available to those who can demonstrate A financial ability to proceed - indluding site surveys and various quotes **
As evr we advise anyone showing interest to do their own due diligence on 'end product' prices
Planning Reference ; 23/0452/maj
There is A potential gdv of £2.88M upon completion of the site, based on some comparables.
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