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7 bed property, in Freshwater House, £750,000
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Land

Freshwater House, 15 School Green Road, Isle Of Wight, PO40
Land Planning
£750,000
-40.0%

Price History

Initial price £1,250,000
Mar 18, 2024 £750,000
Price Change -40.0%

Our Summary

  • Great investment opportunity
  • There is potential to expand the offering at Freshwater House via the conversion of an ancillary area which is currently unused, subject to obtaining planning permission
  • The area would suit conversion to public bar or restaurant, games room or staff accommodation (STPP) and is already connected to the building’s services including first fix electrics, plumbing and central fire alarm system

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Description

Freshwater House is a luxury, self-catering accommodation in the Isle of Wight that has been converted from a former hotel. The property features a modern designed kitchen, drawing room with private bar, snug room, dining room, and 7 bedrooms, all finished to a high standard. The property has a delightful garden with an upper sun deck, lower outdoor dining area, and lawn, and there is potential to expand the offering with the conversion of an ancillary area, subject to planning permission.

Located in Freshwater, 2.8 miles from Yarmouth, the property is easily accessible by ferry from Lymington, with 11 daily sailings and an average journey time of 39 minutes.