Guide price
£275,000
Land for saleKing Georges Avenue, Harwich CO12
Freehold
About this property
Full Planning for 5x flats
Gdv Circa £850,000
Potential Rental Yield of £49,200 pa
Clear Site
0.27 Acres
Total gia 3,650 Sq Ft
** guide price £275,000 - £300,000 ** A chance to acquire this Freehold development site with full planning for five self contained flats with parking. Pre-commencement Conditions have been discharged. The site is located in Dovercourt, Harwich close to Asda Supermarket and the Town Centre.
The Site
A clear site of 0.27 acres located on King Georges Avenue, Harwich. Comprising 4x 2 bedroom flats at ground and first floor and 1x 1 bedroom flat to second floor. All flats benefit from 2 parking spaces and communal garden.
Planning
Full planning approval under reference: 22/01694/ful
We are advised that pre-commencement conditions have been discharged.
A full copy of plans available upon request.
Gdv
Flat 1 - 2 bedroom ground floor flat - £175,000
Flat 2 - 2 bedroom ground floor flat - £175,000
Flat 3 - 2 bedroom first floor flat - £175,000
Flat 4 - 2 bedroom first floor flat - £175,000
Flat 5 - 1 bedroom second floor flat - £150,000
Total - £850,000
Rent
Flats 1-4 - £850 pcm
Flat 5 - £700 pcm
total - £4,100 pcm / £49,200 pa
The Site
A clear site of 0.27 acres located on King Georges Avenue, Harwich. Comprising 4x 2 bedroom flats at ground and first floor and 1x 1 bedroom flat to second floor. All flats benefit from 2 parking spaces and communal garden.
Planning
Full planning approval under reference: 22/01694/ful
We are advised that pre-commencement conditions have been discharged.
A full copy of plans available upon request.
Gdv
Flat 1 - 2 bedroom ground floor flat - £175,000
Flat 2 - 2 bedroom ground floor flat - £175,000
Flat 3 - 2 bedroom first floor flat - £175,000
Flat 4 - 2 bedroom first floor flat - £175,000
Flat 5 - 1 bedroom second floor flat - £150,000
Total - £850,000
Rent
Flats 1-4 - £850 pcm
Flat 5 - £700 pcm
total - £4,100 pcm / £49,200 pa
Mortgage calculator
Monthly repayment
£1,375 per month
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