Chatsworth Road, Southampton SO19 3 bed detached house for sale

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Chatsworth Road, Southampton SO19 3 bed detached house for sale

Development Opportunity, Chatsworth Road, Bitterne, SO19
£525,000

Our Summary

  • A fantastic development opportunity consisting of a detached three bedroom home, a building plot with planning for an additional three bedroom detached and an outbuilding which could be converted to an annex with the correct planning permissions
  • For developers, this presents a highly attractive proposition: a site in a road with proven demand, strong resale values, and limited supply
  • This has been a long term rental home and is now going through a refurbishment project by the current owners
  • This outbuilding totals in excess of 100 Sq Meters and could be turned into an annex or additional accommodation but this is subject to planning
  • Building Plot
  • This is to take the place of the existing double garage, planning has been granted for a three bedroom detached house
  • Additional uplift- potential annex conversion or resale of two detached houses makes this a versatile investment
  • Metres with five rooms, offering scope for annex conversion (STP), equivalent to a bungalow footprint
  • metres with five rooms, offering scope for annex conversion (STP), equivalent to a bungalow footprint
  • Planning secured- approved scheme for a new three-bedroom detached home with two reception rooms and en-suite master
  • Rare triple offering- existing detached home, building plot with planning, and a large outbuilding with conversion potential
  • Ready to move forward- planning already in place and refurbishment underway, offering a clear route to maximise returns

Description

This is a unique development opportunity on Chatsworth Road, one of Bitterne's most desirable addresses. The property currently consists of a detached three-bedroom home, a building plot with planning permission for an additional three-bedroom detached house, and an outbuilding that could be converted into an annex or additional accommodation with the correct planning permissions. The site offers a rare chance for developers to create two high-end homes in a sought-after location, with strong resale values and limited supply. The current property is being refurbished and is expected to sell for around £425,000, while the outbuilding offers potential for additional living space. The building plot has planning permission for a three-bedroom detached house, with a right to light payment of £35,000 due to a neighboring property.