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Grange Road, Middlesbrough

Offers Invited
Progression Property, Middlesbrough
PROPERTY TYPE

Residential Development

SIZE

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Key features

  • There has been initial discussions to potentially demolish the current structure and create a seven storey all residential accommodation building
  • Due to the high ceilings within there is the potential to lower floors to allow for another internal floor without altering the current exterior structure of the building
  • Located in the Middlesbrough Development Corporation (MDC) area - with funding available
  • Potential of 75 'smart room' apartments on completion of the the scheme - initial talks held in April 2024 were positive and the MDC are aware of the building and the proposed scheme
  • Each 'Smart Room' would have its own ensuite and kitchen facilities
  • Ground floor includes laundry rooms and a communal area
  • CURRENT AVAILABLE FLOOR SPACE ; Ground 211.76 sq m (2,279 sq ft) First: 211.76 sq m (2,279 sq ft)

Description

A PRIME TOWN CENTRE DEVELOPMENT OPPORTUNITY WHICH IS LOCATED INSIDE THE 'MIDDLESBROUGH DEVELOPMENT COPRPORATION' ZONE. POSITIONED WITHIN A FAVOURABLE SPOT FOR STUDENT ACCOMMODATION DUE TO ITS CLOSE ACCESS TO LINTHORPE ROAD AND BOROUGH ROAD, AS WELL AS BEING EQUALLY AS CONVENIENTLY POSITIONED FOR MIDDLESBROUGH' BUS STATION, THE A66 AND A19 ROADLINKS AND ALSO MIDDLESBROUGH' TRAINSTATION WHICH IS AROUND TEN TO FIFTEEN MINUTES WALK AWAY CREATING POTENTIAL FOR ANY CREATED RESIDENTIAL ACCOMMODATION TO BE OCCUPIED BY PROFESSIONAL TENANTS. THE FINISHED SCHEME WOULD GENERATE MASSIVE POTENTIAL INCOME IN WHAT IS A VERY HIGH DEMAND SECTOR. FOR ANYONE NOT WISHING TO UNDERTAKE SUCH LARGE SCALE DEVELOPMENT THE BUILDING OFFERS POTENTIAL TO BE RETAINED AS INDIVIDUAL COMMERCIAL / RETAIL UNITS OR SERVICED OFFICE SPACE WHICH WOULD BENEFIT FROM THEIR POSITION ON THE EDGE OF BUSTLING CAPTAIN COOKS SQUARE (HOME TO 'LEVEL X' AND THE BAZAAR RESTARAUNT AMONGST OTHER), THE MULTI LEVEL 'CAPTAIN COOKS CAR PARK' ETC HOWEVER UNDOUBTEDLY THE PROPOSED SCHEME AT HAND IS BY FAR THE MOST LUCRATIVE ROUTE.
CURRENT AVAILABLE FLOOR SPACE ; Ground 211.76 sq m (2,279 sq ft) First: 211.76 sq m (2,279 sq ft)

Ground Floor -

Unit 1 - Yielding approximately 33 sq m (355 sq ft) of floor space

Unit 2 - Yielding approximately 59.75 sq m (644 sq ft) of floor space

Unit 3 - Yielding approximately 73.59 sq m (792 sq ft) of floor space.

First Floor -

Unit 4 - Yielding approximately 211.76 sq m (2,279 sq ft) of floor space



Brochures

GRANGE ROAD, MIDDLESBROUGHBrochure

Grange Road, Middlesbrough

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Middlesbrough Station0.4 miles
  • South Bank Station2.6 miles
  • Billingham Station2.7 miles

About Progression Property, Middlesbrough

329 Linthorpe Road, Linthorpe, Middlesbrough, TS5 6AA
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

It is clear what property owners want when they decide to put their property ?up for sale?. A prompt sale, for ?the best price?, and they want it to be as relaxed and stress free an experience as possible. We understand this and strive to deliver exactly that.

Notes

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Disclaimer - Property reference 33807221. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Progression Property, Middlesbrough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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