72A & 72B London Road, Chesterton, Newcastle, Staffordshire ST5 7DY

A substantial freehold mixed-use property occupying a prominent position on London Road in the centre of Chesterton, directly opposite Chesterton Memorial Park. The property benefits from planning permission for conversion into a high-yield investment comprising 10 HMO bedrooms together with two self-contained ground floor retail units, making it an excellent opportunity for investors, developers and supported accommodation providers. Works have commenced on the property reducing the costs for the buyer. Extending approximately 420 Sq M over two floors, the building has already undergone significant refurbishment works including structural alterations, roof repairs and partial first and second fix installations. The development now requires completion, presenting purchasers with the opportunity to add value and create a strong income-producing asset. The approved scheme provides for two retail units with WC facilities to the front of the property and a well-designed HMO comprising ten bedrooms, six of which benefit from en-suite facilities, together with spacious communal kitchen/living accommodation, shared bathrooms, plant room and refuse storage. Proposed schedule of accommodation | Floor | Accommodation | Area (sq m) | Area (sq ft) | | Ground | Retail Unit 1 | 24.76 | 266 | | Ground | Retail Unit 1 WC | 3.51 | 38 | | Ground | Retail Unit 2 | 23.75 | 256 | | Ground | Retail…

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