8 Park Road, Barry
0.51 Acres
Description
Freehold residential investment & development opportunity (subject to planning) located on one of Barry’s most sought after residential streets.
Large site extending to 0.21 hectares (0.51 acres) with a low existing site coverage of c.12%.
Barry is one of Wales’ fastest growing residential markets with average house prices having reportedly surged 11% last year.
Fully let on occupation contracts with a number of longstanding tenants.
Asset management potential, through refurbishment or redevelopment, in an area with an attractive wider regeneration story.
Total existing gross rental revenue of £53,340 per annum.
We are instructed to seek offers in excess of £900,000 (Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT.
Large site extending to 0.21 hectares (0.51 acres) with a low existing site coverage of c.12%.
Barry is one of Wales’ fastest growing residential markets with average house prices having reportedly surged 11% last year.
Fully let on occupation contracts with a number of longstanding tenants.
Asset management potential, through refurbishment or redevelopment, in an area with an attractive wider regeneration story.
Total existing gross rental revenue of £53,340 per annum.
We are instructed to seek offers in excess of £900,000 (Nine Hundred Thousand Pounds) subject to contract and exclusive of VAT.
BUILDING HIGHLIGHTS
Large site extending to 0.21 hectares
Fully let
Asset management potential
One of Wales’ fastest growing residential markets
