Milton Road, Portsmouth
Guide price £525,000, 3 bedrooms, development property, for sale

Key features

  • EXISTING 3 BEDROOM, 3 RECEPTION ROOM HOUSE
  • GATED DRIVEWAY
  • HARDSTANDING FOR SEVERAL VEHICLES
  • INDUSTRIAL STORE
  • POTENTIAL FOR RE-DEVELOPMENT (SUBJECT TO PLANNING)
  • OF INTERST TO BUILDERS AND DEVELOPERS
  • FREEHOLD
  • POTENTIAL FOR CONVERSION OR NEW BUILD (SUBJECT TO PLANNING)

Property Description

An opportunity to purchase a rare site with development potential (subject to the relevant planning consents) in the heart of Portsmouth.

The site extends to an area of circa 556 square meters approximately (0.137 acres or 0.055 hectares) and currently consists of a four bedroom house with attached commercial store, gated driveway and vehicle hard standing area.

Our client has explored options to convert the existing structures to a block of 9 apartments with associated parking, see plans attached.

The site is being offered without planning and offers are sought from developers on this basis.

Both properties are currently let on short term AST's (ending December 2021) producing £1,650 pcm.

Agents Notes
Maps are reproduced from the Ordnance Survey Map. Licence:100022432
The red line is for indicative purposes only.

Any area, measurements or distances are approximate. The text, photographs and plans are for guidance only.

"To Tullys Thank you for being quick, thorough and generally good letting agents this year."
Sarah