Land

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Land

Campbell Road, Southsea, Hampshire PO5
£95,000

Our Summary

  • We invite offers for this well-situated, speculative development opportunity, being roof space with planning permission in place for the construction of two 2-bedroom penthouse apartments having a projected G
  • Details are available via Portsmouth City Council's planning portal (Ref: 21/00157/ful)

Description

This property description offers a rare opportunity to develop a prime residential site in a desirable Conservation Area in Portsmouth. The site, located at the junction of Campbell Road and Lorne Road, offers a promising development opportunity with planning permission granted for the construction of two 2-bedroom penthouse apartments. The property is situated just three-quarters of a mile from Southsea Town Centre and the seafront, providing easy access to amenities and leisure activities. The existing apartments are held on long leasehold terms, with a reversionary interest in five flats, and the property is being sold with the Freehold. The current income from ground rent is £560 per annum, with potential for growth through the development of the site. The property is being offered for sale without a list, with the details available upon request.
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