Land For Sale in Portsmouth, Hampshire

We are pleased to present a unique opportunity to acquire this Central Southsea apartment building which can continue to be enjoyed as a rental investment or utilise the current planning on the site for Three Modern Townhouses with Off Road Parking. The plans for the approved Townhouses include T...

A PARCEL OF LAND EXTENDING TO APPROXIMATELY 0.35 ACRES WITH BENEFIT OF PLANNING PERMISSION FOR THE CONTRUCTION OF NINE HOUSES

The site comprises a large, open area that is roughly rectangular in shape and is constructed with tarmac flooring. We understand that the site is an inactive car park that historically served a former office building.

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. Drawings for two further apartments on the existing structure with five further proposed for the land at the rear.

Warwick Crescent is a residential area, just 8 mins walk from the heart of Portsmouth University, and 10 mins from the main student hub on Cambridge Rd. The proposed new development will present an attractive 4 storey building. Portsmouth is home to over 28,000 students with an additional 10,000 forecast by 2030. The City has a severe shortage of PBSA and the council has stated a desire for more to relieve pressure on the residential housing market, with the student to bed ratio currently 3:1, one of the 10 highest in the country.