Guide price
£275,000
Land for saleKing Georges Avenue, Harwich CO12
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
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
.png)