Grasscroft Drive, Coventry, CV3 5QF

SmoothSale is delighted to present this CHAIN-FREE five-bedroom detached property, occupying a generous corner plot and offering an outstanding opportunity for investors, developers and growing families alike.

One of the property's standout features is the approved planning permission for a substantial two-storey front and side extension, together with consent to convert the property into a 7-bedroom House in Multiple Occupation (HMO). This creates an exceptional opportunity to add significant value and maximise future rental income, while also offering the flexibility to retain the property as a spacious family home.

The accommodation is well laid out and comprises an entrance hall with a convenient ground floor WC, a versatile fifth bedroom that could also be used as a home office or additional reception room, a bright and spacious lounge/dining room ideal for everyday living and entertaining, and a fitted kitchen with ample worktop and storage space.

The first floor offers four further well-proportioned bedrooms, providing flexible accommodation for families or tenants, together with a family bathroom.

Externally, the property benefits from a driveway providing off-road parking to the front, a detached garage to the rear, and generous front, side and rear gardens. The corner plot not only provides excellent outdoor space but also enhances the property's future development potential under the existing planning approval.

Conveniently located within easy reach of local amenities, schools, public transport links and major road networks, the property is well positioned for both owner-occupiers and investors seeking a high-demand rental location.

Planning Permission Granted

Planning permission was approved on 16 September 2024 for:

Conversion from a residential dwelling to a 7-bedroom HMO
Two-storey front and side extensions
Alterations to create larger and more versatile accommodation

Offering immediate accommodation with exciting scope for future development, this is a rare opportunity to acquire a CHAIN-FREE detached property with planning already in place, making it an ideal purchase for those looking to invest, develop or create a substantial family home.

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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate. Speak to one of our property specialists about our reservation deposit scheme to find out more.