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Frindsbury Road, Kent ME2 Land for sale
Frindsbury Road, Kent ME2
£400,000
Frindsbury Road, Kent ME2
£400,000
Our Summary
- Land opportunity with planning permission situated in a popular central Strood location
- A great chance for a developer to start a project of 6 apartments, currently a mix of one and two bedroom units with an estimated gross development value circa £1
- Planning information available from the Medway Council portal reference MC/20/1318 Link All fees payable by the purchaser
- LAND WITH PLANNING FOR 6 FLATS
- Land with planning for 6 flats
Description
This is a land opportunity in a prime location in central Strood, with planning permission in place to develop six apartments, comprising a mix of one and two-bedroom units. The property has an estimated gross development value of £1.53m and is situated close to the town centre, train station, and major roads, including the A2 and historic Rochester. Once completed, the apartments are expected to be in high demand, offering a potential yield of 5.4% for investors who choose to rent them out. The planning permission is available on the Medway Council portal, reference MC/20/1318.