Lot 108: DEVELOPMENT SITE WITH PLANNING PERMISSION FOR SEVEN HOUSES

Sold £142,000

Situated on the north-west corner of a development site (Hawthorn Meadows), nearly completed by Barratt Homes, this 0.13 hectare (0.34 acre) site, has Planning Consent for the construction of seven houses.

The development has been commenced and so the consent is extant. The units, when completed, are considered ideal for re-sale into the local marketplace or retention for their income-producing letting potential. The completed houses will be three pairs of semi-detached houses and a detached house, in what is a very pleasant location.

The site is conveniently situated a short distance from a range of shopping and other amenities of East Cowes from which the famous Cowes yacht harbour is a short distance away by chain ferry link.

Auctioneer’s Note

Footings have been dug and foundations laid for Plot No.1 meaning a material start to the Planning Consent commenced to the satisfaction of the Local Authority Building Control.

Planning

Planning Permission has been granted by the Isle of Wight Council, under ref: P/01219/12, dated 24th October 2012, for the construction of three pairs of semi-detached houses; one detached house; associated garages and parking; alterations to access road; formation of vehicular access (revised scheme), subject to conditions.

A copy of the Planning Consent and proposed plans will be available to download from the Clive Emson website, the Local Planning Authority website or inspection at the Auctioneer’s office.

Viewing

Interested applicants may view directly on site.

Freehold with Vacant Possession