4 bedroom Land for sale in Wyatts Lane Cowes PO31

Sale Price: £275,000

Wyatts Lane Northwood Cowes, PO31 8PU

Land
4 Bed(s)
-- Bath(s)
Available

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Street Address

Wyatts Lane Northwood Cowes, PO31 8PU

Property description

BUILDING PLOTS x 2 * FOR SALE INDIVIDUALLY OR AS A COMPLETE SITE * FULL PLANNING PERMISSION WILL BE PROVIDED * TCP/32658, P/00497/16 * EXCELLENT PROFIT MARGIN OPPORTUNITY

Planning Permission
Full Detailed Planning Permission will be provided (currently under consideration with a decision due imminently TCP/32658, P/00497/16).

Proposal
Permission has been sought, and will be provided, for the construction of 2 x 4 bedroom detached houses, each with private off road parking and good sized gardens.Resale values of the finished properties are estimated to be in excess of £350,000 - subject to finish - and we would estimate the site would have a total GDV (Gross Development Value) of £700,000 to £750,000.Considering likely build costs, the site should produce health profit margins for the developer, or provide an excellent location for the self-builder.

NB
All major services are believed to be accessible to the site, but have not be formally investigated by the agent. The purchaser remains responsible for undertaking all of their own due diligence checks prior to purchase. The agent's details do not form part of any contract.

Property Features :

  • Building Plots
  • 4 Bed Detached Houses
  • Parking
  • TCP/32658, P/00497/16
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