Development land for sale - Development Land, Bounded by Glenalpin Street, Wellwood Street & Norwood Street
Development Land, Bounded by Glenalpin Street, Wellwood Street & Norwood Street, BT12 5GE
Price
£3,750,000
Size
151 sq ft
Tenure
leasehold
Listed
3 months ago
Property Description
This is a unique opportunity to acquire land which benefits from full planning permission for the development under planning ref. LA04/2023/2922/F. The development will consist of the redevelopment of the existing surface level car park for the erection of a managed student accommodation scheme with shared amenity spaces, ancillary accommodation, on street car parking and landscaping. Proposed floorplans available in data room. </br></br>
The scheme is designed by Like Architects and will comprise of 354 beds across 11 storeys comprising 278 cluster beds (79%) ranging from 13 to 14 sq. m and 76 studio beds (21%) ranging from 17 to 22 sq m. There is a total of about 394 sq m of internal amenity space including reception/study/breakout, a gym, a cinema room and laundry. </br></br>
The site benefited from outline planning permission for a purpose built residential development with 205 units under planning ref. LA04/2019/0127/O & LA04/2023/3635/RM. Further details can be provided upon request.