3 bed block of flats for sale

Copse Cross Street, Ross-On-Wye HR9

Murdock & Wasley Estate Agents are pleased to bring to market this excellent freehold investment opportunity comprising three one-bedroom apartments and a ground floor commercial unit, ideally located within close proximity to the town centre.

Boasting a strong track record of rental income and excellent potential for further development (plans attached, subject to planning), this well-located and versatile property represents a rare and rewarding opportunity for investors.

Description

This versatile freehold property is currently arranged as four separate units, offering a rare and exciting investment opportunity in a sought-after location just a short walk from the town centre.

The ground floor features a spacious commercial unit offering excellent versatility for a variety of potential uses. Although it requires complete refurbishment, it presents a fantastic blank canvas for developers or business owners to tailor the space to their specific needs. Full planning permission has already been granted for conversion into a one-bedroom apartment, with the potential to resubmit plans for a two-bedroom layout, subject to approval.

Above the commercial unit are three self-contained one-bedroom apartments, each offering fantastic potential for modernisation and reconfiguration. Subject to the necessary planning permissions, there may also be scope to rework the internal layout or extend to create larger or additional living spaces, further enhancing rental yield and long-term value.

Externally, the property benefits from a private courtyard to the rear and off-road parking for two vehicles, an added bonus in such a central location.

Positioned in a prime area within walking distance of shops, restaurants, and transport links, this is an outstanding opportunity for investors or developers looking to add value and generate strong rental returns in a high-demand area. Early viewing is highly recommended to appreciate the full potential on offer.

Agents Note

The proposed plans are currently at the draft stage and have not yet been submitted for formal planning approval.

Epc's

Flat 1: E
Flat 2: E
Flat 3: E
Commercial Unit: Tbc

Local Authority

Herefordshire Council

Council Tax Bands:
Flat 1: A
Flat 2: A
Flat 3: A
Commercial Unit: Tbc

Services

Mains water, electricity and drainage.

Awaiting Vendor Approval

Details are yet to be approved by the vendor and may be subject to change. Please contact the office for more information.