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- NEW BUILD WITH PADDOCK - Alverstone Garden Village
£300,000

Our Summary

  • Currently approved for holiday use with a 52-week occupancy, this brand new, two-bedroom timber-framed bungalow has been finished to an exceptional standard and offers the new owner a peaceful second home with the potential to provide a lucrative holiday let investment
  • Furthermore, a large stable block with its own electric and water supply provides three stables as well as a storage area which could offer further opportunity to transform into additional accommodation (subject to planning permission) or even provide a potential rental income source from private horse owners
  • Situated in an enviable countryside location, this beautifully appointed home is ideal for those seeking a truly unique and rare opportunity to acquire a secluded island retreat with the added benefit of land complete with stables and the potential for holiday rental return
  • Income potential for holiday letting

Description

Nestled in rural surroundings on the fringes of Alverstone Garden Village, this charming two-bedroom timber-framed bungalow occupies approximately one acre of land, incorporating a paddock and a stable block. The property has been finished to an exceptional standard and offers a peaceful second home with the potential to provide a lucrative holiday let investment. The bungalow boasts high-quality finishes, a contemporary decor, and stunning countryside views. The property benefits from modern electric heaters, internal oak doors, and brass fixtures. Outside, the bungalow is surrounded by freshly laid turf areas, and a separate paddock provides a sloped grass area with magnificent downland views. The stable block has its own electric and water supply, providing three stables and a storage area that could be transformed into additional accommodation or a rental income source. The property is situated near stunning countryside and woodland rambles, and is close to the towns of Shanklin and Sandown, as well as the Island's historical county town of Newport.