0 bed property

This is a rare opportunity to acquire a freehold airspace with planning permission for 12 apartments in Hemel Hempstead, Hertfordshire. The lease includes 12 long leasehold interests, each with a demised parking space, and planning permission was granted by Dacorum Borough Council in May 2024. The development will have a gross internal area of approximately 6,456 sq ft and a total GDV of £2,760,000, with each completed unit valued at £230,000. The vendor is seeking a guide price of £600,000 and the property is suitable for a developer or investor. The location offers excellent transport links, with the M1, A1, and M25 motorways within a 5-minute drive, and nearby airports including Luton, Stanstead, and Heathrow. Viewings are strictly by appointment only.