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Detached house for sale
Portland Road, Hove
£1,250,000
Portland Road, Hove
£1,250,000
Our Summary
- For Sale by Auction ContractSignificant Freehold Investment Development Opportunity with Consent for 7 Self Contained Flats
- Auction Guide £1,250,000Significant vacant development/investment opportunity approaching 5,000 Square Foot in Size with Permitted Development Rights for conversion into 7 self contained flats, 4 x 1 bedrooms and 3 x 2 bedrooms
- In addition, a further planning application is being submitted to provide for 4 x 2 bedrooms flats and 3 x 1 bedroom flats together with upgraded accommodation with further outside space
- Significant Freehold Development and also Investment Opportunity
Description
This significant freehold investment development opportunity is a vacant property with permitted development rights to convert into 7 self-contained flats, including 4 one-bedroom and 3 two-bedroom units. With a total floor area of around 5,000 square feet, the property is situated in a prime location adjacent to Sackville Road, just a short walk from Hove's town centre, seafront, and mainline railway station with direct commuter links. Additionally, a further planning application is being submitted to increase the number of flats to 7, with upgraded accommodation and additional outside space. The property is being sold by auction for a guide price of £1,250,000, with fees payable in respect of the sale.