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Plot for sale
Douglas Head, Douglas, IM1
£995,000
Douglas Head, Douglas, IM1
£995,000
Our Summary
- Development Opportunity
- A stunning development opportunity with full planning permission to demolish an existing dwelling and replace it with a luxurious apartment block comprising seven prestigious and contemporary apartments over four floors, each of which would benefit from stunning coastal views across Douglas bay
- A basement has been designed to provide 14 parking spaces with planning for seven electric car charging points, as well as a storage facility for 14 bicycles
- A sedum 'green' roof will blend into the natural surrounding habitat and the planning permission extends to house 59 roof mounted solar panels capable of generating sustainable energy for the apartments
- Full planning permission granted under reference 22/01113/B
- Exciting development opportunity, sea views from each apartment
- Planning reference 22/01113/B, plans for 59 roof-mounted solar panels
Description
This development opportunity presents a chance to transform a plot of 0.37 acres on Douglas Head, overlooking Douglas Bay, into a luxurious apartment block with seven contemporary apartments over four floors. The project has already received full planning permission, and the architecturally-designed building will feature a mix of 2- and 3-bedroom apartments, as well as a penthouse with a large terrace. The development will also include a basement with 14 parking spaces, storage for 14 bicycles, and a sedum 'green' roof. The apartments will benefit from stunning coastal views and are within walking distance to Douglas city centre, with its main business district and amenities. The project also includes plans for 59 roof-mounted solar panels to generate sustainable energy. The adjacent land of approximately two acres is also available for purchase, subject to separate negotiations.