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Salop Street

Bridgnorth, Shropshire, England, WV16 5BH

SSTC

A rare investment opportunity to acquire a row of terraced properties and a development plot with planning permission to form 3 dwellings.

Summary

  • A row of 6, two and three bed properties

  • Five properties let on a mixture of tenancies.

  • One property currently vacant.

  • Combined income generating circa £37,548 per annum

  • Planning permission to form a further 3 detached dwellings

  • Town centre location, within walking distance of all local amenities.

  • Opportunity to alter existing planning permission.
  • 1.00 Acres

Location Map

Plans

Description

Description
The plot itself is over half an acre of land, consisting of a row of six terraced houses to the front, adjoining Salop Street. To the side is a vehicular access to the rear of the property, which currently consists of parking space for residents and the development land beyond.

The existing properties are all brick built under a slate roof. There is a row of 6, two and three bed properties. No. 26 and 27 are both two bed dwellings with family bathroom, kitchen and living room. No. 28 and 29 are similar with two bedrooms on two floors, family bathroom, kitchen and living room. No. 30 is a 3-bed property with a bedroom on the 1st floor. This property has a good-sized living room and kitchen with utility. No. 30A is a two-bed property with kitchen and living.

Each property has a garden area to the rear and an open parking area. Beyond the parking area is a parcel of land of which has a planning permission for the erection of three dwellings.

Planning permission was granted in February 2018 under application 17/00210/FUL for the erection of three two-bedroom bungalows with associated parking. All three properties consist of two double bedrooms with family bathrooms and an open plan kitchen/living area, one of the dwelling has a separate kitchen and living area. All relevant plans and documents can be seen on the Shropshire County Council website.

The properties will all enjoy a garden area to the rear with elevated views across the Town.

Location
The property is located on Salop Street, in the sought-after location of Bridgnorth. The town is divided by the River Severn into a High and Low Town and is regarded as one of the most picturesque in Shropshire.

The Town offers a wide range of day-to-day amenities and facilities and the properties are within easy walking distance of the centre.

There are excellent communication links, with A roads linking Kidderminster, Wolverhampton, Shrewsbury and Telford. The latter being the closest link to the M54 linking Telford to the M6.

Tenure
Sold as freehold

Services
Mains electricity and water are connected to the existing properties. However, the purchaser should make their own enquires with regards to the availability of such services for the proposed dwellings.

Local Authority
Shropshire CC.

Viewing: Strictly by appointment with sole agents Jackson Equestrian on 01743709249 or 01948 666695.

JACKSON PROPERTY for themselves and the vendors of the property, whose agents they are, give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. An intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order, or fit for their purpose, neither has the agent checked legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.