Residential development for sale

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Residential development for sale

Land between 61 and 63
£140,000

Our Summary

  • LOCATIONSituated on Bettesworth Road, this development opportunity is within walking distance of the popular Town Centre of Ryde
  • DESCRIPTIONOffered for sale is a site with planning permission for the construction of 2 x semi-detached houses
  • There is potential to build out as 3 bedrooms, plans can be shown on request although an amendment with the LPA may be required
  • TERMSOur client is asking £140,000 for this freehold development opportunity
  • PLANNINGPlanning permission was granted in April 2024 under reference no
  • There is potential for the property to be reconfigured to offer three bedrooms, subject to gaining any amendments with planning if required

Description

This development opportunity is a freehold site on Bettesworth Road in Ryde, a popular town with a population of around 32,000, boasting beautiful beaches and a transport hub with links to the rest of the Island. The site has planning permission for the construction of two semi-detached houses, each with a ground floor open plan kitchen/dining room, living room, and WC, and a first floor with three bedrooms and a family bathroom. The properties will have a gross internal area of approximately 68 square meters. The site is subject to a Section 106 Legal Agreement and planning permission was granted in April 2024. The seller is asking £140,000 for the development opportunity, which can be viewed by appointment with HRD Commercial.
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