We have been instructed to bring to market a substantial plot of land on behalf of our client who has recently acquired the site. The plot spans between Western Rd & Osborne Rd and has access from both roads. The plot is close to Andover town centre.
The site presently has a substantial Victorian building on it (formally a working man's club) but provisional drawings have been created to demonstrate the plot would allow at least 13 dwellings on it STPP.
We have calculated that the exit value of these houses would be circa £3 - £3.4m subject to quality and planning permission etc.
It has been suggested that the 13 properties would be made up as follows:
3 x 2 bed houses
7 x 3 bed houses
3 x 4 bed houses (from the existing building on site)
The guide price for the site is £1m and we would like to hear from anyone that would interested in purchasing the site. Please contact us at your earliest convenience if you would like to discuss this further.
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