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2 bed bungalow
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Our Summary
- Excellent Long-Term Investment Potential
- Scope For Future Site Development (STPP)
- Investment Opportunity – Two Adjoining Bungalows, Ryde, Isle of WightTucked away in the Oakfield area of Ryde, down a private driveway just off Oakfield High Street, this unique site offers two adjoining bungalows set within generous grounds
- Beyond the individual gardens, the site features an extensive turf area, adding to the sense of space and potential
- Furthermore, the large grounds may offer scope for future redevelopment or alternative use, subject to the necessary planning consents from the Isle of Wight Council
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Description
This unique investment opportunity in Ryde, Isle of Wight, consists of two adjoining bungalows nestled in a private driveway off Oakfield High Street. Both properties are currently tenanted, generating a healthy rental return, and offer a comfortable living environment for tenants with modern fitted kitchens and bathrooms. The site features generous grounds, including an extensive turf area, which could offer scope for future redevelopment or alternative use, subject to planning consents.
With its strong rental performance and desirable setting close to local amenities and Ryde town, this is a ready-made opportunity for buy-to-let investors, providing a turnkey investment with potential for future growth.