Highlands Road, Fareham, Hampshire 11 bed studio for sale

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Highlands Road, Fareham, Hampshire 11 bed studio for sale

Highlands Road, Fareham, Hampshire
£1,800,000

Our Summary

  • A newly built block of 8 apartments with further potential for additional studio apartment (subject to planning) including a 3 bedroom penthouse, 2 bedroom, 2 bathroom apartment with garden and a further 6 x 1 bedroom apartments, 2 with courtyard gardens and the freehold of the whole building
  • Investment Opportunity
  • Potential For Additional Studio

Description

This newly built block of 8 apartments offers a unique investment opportunity, with the potential to add an additional studio apartment subject to planning. The block features a 3-bedroom penthouse with a garden, as well as 6 one-bedroom apartments, 2 of which have courtyard gardens. The apartments have been finished to a high standard throughout and include 8 parking spaces, with 7 offering EV charging points. Currently, apartments 1-6 are rented out, generating a combined return of £7,600 per month, while apartments 7-8 are used as holiday/short-term accommodation. The freehold of the entire building is also included in the sale, providing a rare opportunity for a buyer to own the entire property.
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