>
East Hill Road, Ryde, Isle of Wight 10 bed detached house for sale
East Hill Road, Ryde, Isle of Wight
£470,000
East Hill Road, Ryde, Isle of Wight
£470,000
Our Summary
- A residential investment opportunity in central Ryde
- This property consists of a significant vacant freehold period building, currently configured as 2 x 1-bedroom apartments, 4 x 2-bedroom apartments, a studio, and additional cellar space with potential for conversion
- Requiring improvement, the building offers the potential for subdivision or redevelopment (subject to planning permission)
- The property is for sale as a single lot and is suitable for cash buyers
Description
This is a vacant freehold period building in central Ryde, offering a significant investment opportunity. The property currently comprises 7 apartments, including 2 one-bedroom, 4 two-bedroom, and 1 studio, as well as additional cellar space with potential for conversion. While requiring improvement, the building presents a chance for subdivision or redevelopment, subject to planning permission. The property is being sold as a single lot and is suitable for cash buyers, with the exception of apartment 2, which has been sold off on a long lease of 2015 years from 1988.