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25 bed property, in Southdown Road, £1,100,000
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25 bed detached house

Southdown Road, Seaford BN25
Planning
£1,100,000

Price History

Initial price £1,800,000
Current price £1,100,000
Price Change 0.0%

Our Summary

  • Planning permission for 9 luxury apartments
  • An excellent redevelopment opportunity comprising a substantial former care home with planning permission granted for the conversion and development of 9 residential apartments
  • DESCRIPTION BEST AND FINAL OFFERS BY 31ST OF JULY An excellent redevelopment opportunity comprising a substantial former care home with planning permission granted for the conversion and development of 9 residential apartments
  • 6 million, presenting an attractive opportunity for developers and investors alike
  • The substantial existing building currently operates as a 25-bedroom care home and benefits from planning permission for conversion into 9 residential apartments
  • In addition to its approved residential development potential, the property may also appeal to care operators seeking to reopen or repurpose the building as a care facility, subject to any necessary consents and regulatory requirements
  • A rare opportunity to acquire a sizeable former care home with established planning consent, offering flexibility, strong development potential, and attractive end-value prospects

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Description

The property is a substantial former care home with a current 25-bedroom capacity, located in a position to be developed into 9 residential apartments. The building has planning permission granted for this conversion, and the proposed scheme is expected to have a gross development value (GDV) of approximately £2.6 million. The property is a rare opportunity for developers and investors, offering flexibility, strong development potential, and attractive end-value prospects.