>
The Thicket, Southsea Residential development for sale
The Thicket, Southsea
£899,950
The Thicket, Southsea
£899,950
Our Summary
- We have more details for the planning permission that has been granted available on request and also available from Portsmouth City Council's Website Planning Portal
- Planning For Three New Build Townhouses
- Potential For Site Redevelopment
Description
This Central Southsea apartment building is a unique opportunity to acquire a rental investment or develop the site into three modern townhouses with off-road parking. The approved plans for the townhouses feature three bedrooms, two en-suite, a bike store, roof terrace, and courtyard garden, which would likely be popular in the sales market. The apartment block has been well-maintained by the current owner, with each apartment benefiting from off-road parking and garaging. The flats are currently let on assured shorthold tenancies, producing a gross annual income of £37,644, and are fully occupied at the time of writing. The planning permission is available on request and can also be viewed on Portsmouth City Council's website.