King Georges Avenue, Harwich CO12 Plot for sale

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King Georges Avenue, Harwich CO12 Plot for sale

King Georges Avenue, Harwich CO12
£275,000

Our Summary

  • * GUIDE PRICE £275,000 - £300,000 * A chance to acquire this Freehold development site with full planning for five self contained flats with parking
  • Planning - Full planning approval under reference: 22/01694/FULWe are advised that pre-commencement conditions have been discharged
  • Full Planning for 5x flats

Description

A rare opportunity to acquire a freehold development site in Dovercourt, Harwich, with full planning permission for five self-contained flats, including parking and a communal garden. The 0.27-acre site is located on King Georges Avenue, close to Asda Supermarket and the town center, and features four 2-bedroom flats at ground and first floor, and one 1-bedroom flat at second floor. The development has been granted full planning approval, with pre-commencement conditions discharged. The estimated GDV is £850,000, with projected rental income of £4,100 per month or £49,200 per annum, making this a lucrative investment opportunity.
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