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Land for sale
Land And Garages at Nursery Road, Stanford-Le-Hope
£450,000
Land And Garages at Nursery Road, Stanford-Le-Hope
£450,000
Price History
| Initial price | £500,000 |
| 18/10/25 | £450,000 |
| Price Change | -10.00% |
Description
This investment opportunity is a tucked away property with garages that can be bought separately, situated on approximately 0.24 acres of land. The garages are currently tenanted and generate a potential rental income of £36,000 per annum, with the possibility of increasing this through active management or modernization. The site has excellent transport connectivity, is located in a desirable area with high local demand, and is positioned within an established neighborhood. The property also has redevelopment potential, subject to necessary planning approvals, and could be redeveloped into a variety of residential schemes, such as mews-style houses, smaller dwellings, or compact apartments with under-cover parking. The vendor is open to considering both unconditional and conditional offers, subject to planning, making this an attractive investment opportunity for those looking to enhance returns or develop the site.