Property Details

5 bedroom detached house for sale For Sale

£550,000

ROI = 10% BMV = 39.73%

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Description

A great opportunity to purchase a pair of semi-detached houses which are in need of complete renovation and set on a good sized plot within close proximity of Southbourne High Street. Originally constructed as completely self-contained homes, this pair of semi-detached houses were later purchased by a single owner and loosely 'knocked through' to create a large singular dwelling which we understand is now held on a single title. The property is now in need of complete renovation and modernisation throughout, presenting a great opportunity with many opportunities. In our opinion the property could be reinstated and updated as two separate dwellings, or alternatively, Subject to planning permission, building regulation approval, and title, there may also be opportunity to extend and further develop the building, perhaps to create larger dwellings, apartments or rental units for holiday let or assured shorthold tenancies. Also benefitting from a good sized rear garden, it may be possible to further develop the plot and create a further/separate dwelling, again subject to planning permission, title, and building control. Located just a few hundred yards from Southbourne's popular high street, and within easy striking distance of local cliff tops which lead to the areas golden sandy beaches, the property is certainly well located and presents many opportunities. Whether you are searching for a development opportunity for resale purposes, an investment for assured shorthold letting, or a property for holiday/short term letting, this opportunity is one not to be missed! TENURE: Freehold COUNCIL TAX BAND: D

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