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Land for sale

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Land for sale

Westridge Road, Portswood, SOUTHAMPTON
£385,000

Our Summary

  • SUMMARYAVAILABLE AT £385,000 - > Development site with full planning for 3 x 1, 4 x 2 & 1 x 3 bed flats > Existing four bedroom three reception room detached villa with two storey annexe & garage > Located in primary investment locationDESCRIPTION*** TO BE SOLD BY PUBLIC AUCTION ON 14TH OCTOBER 2025 AT THE GRAND CONNAUGHT ROOMS, 61 - 65 GREAT QUEEN STREET, LONDON, WC2B 5DA (Online bidding available) ***TenureFreehold with Vacant PossessionLocationThis development site can be found just off Portswood Road which offers a commercial parade of shops, bars and coffee houses providing the main amenities for the area
  • Description/Planning DetailsThis development is being sold with full planning permission granted subject to conditions on 1st July 2024 by Southampton City Council under application number 24/00306/FUL
  • The permission is for redevelopment of the site and erection of a part two and part two and a half storey building containing eight flats (3x 1 bed, 4 x 2 bed, 1 x 3 bed) with associated amenity space and parking, following the demolition of the existing detached property which is in poor condition
  • UNSOLD AT AUCTION

Description

This development site in Southampton is being sold by public auction with a guide price of £385,000. The site has full planning permission for the construction of eight flats, including three one-bedroom, four two-bedroom, and one three-bedroom apartments. The existing four-bedroom detached villa, which is in poor condition, will be demolished to make way for the new development. The site is located in a prime investment location, close to Southampton and Solent Universities, and offers potential for rentals and build-to-rent proposals. The property also has a substantial garden and parking facilities, making it an attractive opportunity for investors. The sale includes a vacant possession, and buyers are advised to satisfy all enquiries regarding the status of the planning application prior to bidding.