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Land
Fratton Road, Portsmouth PO1
Land
£465,000
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Our Summary
- An opportunity to purchase a freehold site with potential to create additional dwellings (subject to planning) Currently 9 existing apartments with varying lengths of leases
- There are drawings for two further apartments on the existing structure with a new development of five further proposed for the land at the rear, bringing the site to potentially16 units in total
- Information for the additional 2 flats can be found on Portsmouth City Councils planning portal under application number 26/00436/FUL The pre-application process has commenced for the development of the land at the rear and as such offers subject to planning will be considered
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Description
The property is a freehold site with 9 existing apartments, currently leased out, with varying lease lengths. There are architectural drawings for two additional apartments on the existing structure and plans for a new development of five additional apartments on the land at the rear, potentially bringing the site to 16 units total. The site has broadband access via ADSL/FTTC fibre and is not in a flood risk zone.