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Development Plot For Sale
Guide Price £500,000
Looking for a development opportunity or long-term rental investment? This superb site is located in the popular market town of Westbury, close to a wealth of amenities and within walking distance of the railway station.
The existing property currently comprises of four 1-bedroom apartments with parking, allowing the buyer the ability to generate an income from day one.
There is a historic planning application from 2009 which was approved, with evidence of works having commenced to the planning authority in 2012, for a third floor on top of the existing building, creating a further x 2 - 2-bedroom units, with the creation of a new build to the side, on what is currently the parking area. This would unlock a further x 1 - 2 bedroom and x 3 - 1-bedroom properties, giving a total development of 10 properties, 6 new build and 4 existing.
This is a truly exciting prospect in this popular location, where there is a strong demand for both rental and re sale properties of this type.
To discuss the development further please contact our office for more information, or visit the Wiltshire Council Planning Portal using reference: 08/00539/FUL
Westbury is a vibrant and popular market town located in the heart of Wiltshire which provides excellent access to Warminster, Salisbury, Frome and Bath via the A36. The town is well served with several respected Schools, Westbury Infants, Westbury Church Of England Junior and Matravers Secondary. Residents are able to take full advantage of the gorgeous countryside that surrounds the town, with some beautiful walks and cycle rides nearby not to mention Longleat which is 8 miles distant, so whether it be a stroll to enjoy the vista across the White Horse and beyond or perhaps a ramble in Clanger Woods this has it all. Superb rail links are on hand courtesy or the Railway Station which offers a direct line to Bath, London Paddington, Cardiff, Portsmouth and Swindon. The historic 14th century All Saints Church is located off the main square and you will find a number of independent shops and cafe's to enjoy along with a Farmers Market which meets on a weekly basis. The town has three large supermarkets with Aldi and Morrisons to choose from. On the sports and leisure side there is Leighton Recreation Centre a local swimming pool and several gyms where you can work up a sweat.
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