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10 bed property, in Great Investment Opportunity - Spring Gardens, £750,000
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10 bed detached house

Great Investment Opportunity - Spring Gardens, Ventnor PO38
Planning
£750,000

Our Summary

  • Planning permission granted for a further apartment 25/01656/ful
  • Great investment opportunity
  • An excellent investment opportunity
  • A detached Victorian property that is currently arranged as 6 self contained apartments with full planning permission granted for a 7th - 25/01656/FUL
  • A Substantial Detached Victorian Property - Located in a no through road, this imposing building is currently divided into 6 flats with a cellar and approved planning permission to reconfigure the large ground floor apartment into two units, involving developing the existing greenhouse, garage and outbuildings to form a 7th apartment
  • EPC: D Council tax band: A Flat 7/Planning Permission - This would be formed by removing the majority of the dining room, one bathroom, porch and store room from Flat 1 and amalgamating it into a new unit that is formed with the outbuildings and garage; to provide for a two bedroom, both with en-suites, apartment with a separate sitting room and kitchen and private off road parking

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Description

The property is a detached Victorian house located in a quiet area with parking for 10 vehicles, outbuildings, and a garage. It is currently arranged as 6 self-contained apartments, ranging from 1 to 3 bedrooms, with individual open-plan living or separated rooms and cellar space. Each apartment has been upgraded with newly carpeted communal areas, new boilers, and modern features such as emergency lighting, fire alarms, and gas safety certificates.

The property has high ceilings, large windows, and good-sized rooms, with a mix of open-plan and separate living spaces throughout. The exterior features a flat roof (replaced in 2024) and double-glazed casement windows.