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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 purchaserIMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact
- LAND WITH PLANNING FOR 6 FLATS
- Land with planning for 6 flats
Description
This is a rare land opportunity in a prime location in central Strood, with planning permission already in place to build six apartments. The mixed-use development, comprising one and two-bedroom units, is estimated to have a gross development value of £1.53 million. The site is situated close to the town center and train station, providing easy access to the A2 and historic Rochester, making it an attractive location for potential buyers and renters. With a projected yield of 5.4% if rented, this development presents a lucrative opportunity for a developer. The planning information is available on the Medway Council portal, and all fees will be payable by the purchaser.