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Crescent Road, Shanklin £700,000

8    4    4
  • Investment & Self Build Opportunity
  • Build Your Own Penthouse Apartment
  • Includes Three Flats All With Tenants on AST
  • Includes The Building Freehold
  • Allocated Parking Spaces
  • Ground Rent & Lease Renewal Income

Would you like to build your own Penthouse Apartment with panoramic sea views and close to the beach and town in Shanklin? You would also have three apartments to rent out currently achieving £24840 rental income, or you could sell them on if you prefer, and either keep or sell on the Freehold too. Amazing Opportunity * Three flats all with Sea Views * Penthouse Planning * & Freehold


Crescent Road
Shanklin PO37 6EJ

Information

Opportunity to build your own and have rental income. Planning permission has been granted on 9th November 2016 to build a penthouse at second floor level to include terraces. Planning application reference is P/01083/16. The penthouse would have superb panoramic sea views and allocated parking. The sale includes the Freehold to the building and the three flats on the first floor all of which are let out currently on assured short-hold tenancies (AST) achieving a rental income of £24840p/a, with people who would like to stay in occupation if possible. Please phone the office for more information or look up the planning permission on www.iwight.com/planning using the reference above.


Crescent Road
Shanklin PO37 6EJ

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Crescent Road
Shanklin PO37 6EJ
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