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Studio, in Penistone Road, £475,000
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Land

Penistone Road, Middlesbrough TS3
£475,000
Freehold

The development site, formerly the "Park End Pub", is located in the Park End area of Middlesbrough, near Ladgate Lane, which provides access to Ormesby, Marton, and the A174/A19 roadlinks. The site has planning permission for 18 single-storey semi-detached bungalows, each with an open-plan living space, two bedrooms, and a bathroom. The bungalows will have gardens to both front and rear, as well as off-street parking. The development is expected to cater to the strong demand for bungalows in the area, where there is a relatively short supply. With a gross development value (GDV) of around £2,880,000, this development has significant potential for investors and developers.