The Thicket, Southsea Residential development for sale

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The Thicket, Southsea Residential development for sale

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.