Are you ready for an investment opportunity that's truly one-of-a-kind? Make sure that you are registered to bid and ready for the 8th of June at 3pm because we're offering Pineheath & The Coach Houses, which is an incredible property that'll leave you breathless.
Picture this: a historic detached 12 bedroom residential dwelling situated on approximately 0.83 acres of land in one of the premier residential locations in Harrogate. Built in the late 1890s, Pineheath was formerly the home of Sir Dhunjibhoy and Lady Bomanji, and now comes with planning consent for conversion into 12 apartments - it's a developer's dream come true!
But wait, there's more! The property also features a pair of fully modernised and refurbished 3/4 bedroom coach houses that are currently let under Assured Shorthold Tenancies, bringing in a whopping £51,240.00 in annual rental income. Coach House 1 and Coach House 2 are currently let until 2024, giving you the peace of mind of having secure rental income.
Harrogate town centre, with its excellent amenities including shops, bars, and restaurants, is accessible and is less than 1 mile away. Open countryside, the Pine Woods, and the famous Valley Gardens are situated close by, providing a tranquil and picturesque environment. Furthermore, Leeds is just 16 miles away, and York is 22 miles away, with the main rail station within Harrogate town centre providing a regular timetable to Leeds, York, London and Edinburgh.
Now, we know what you're thinking - what about the condition of Pineheath? Well, we'll be honest with you, it's currently in a derelict state and surrounded by security hoardings. But fear not! We have available exterior photographs, CGI images, and plans detailing the planning consent, so you can see just how stunning this property can be.
This property is freehold, but subject to the Assured Shorthold tenancies of the Coach Houses. Mains gas, electricity, water, and drainage are connected to the Coach Houses, but there are currently no services connected to Pineheath.
This is a once-in-a-lifetime opportunity to acquire a unique property in one of the most sought-after locations in Harrogate. Whether you're an investor or a developer, you won't want to miss out on Pineheath & The Coach Houses. Get ready to bid and let's make some magic happen!
https://www.fssproperty.co.uk/property-details/103268010759/-/-/harrogate-94?page=1&instruction_type=auction&showsold=on&showstc=on&n=40&type=available