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King Georges Avenue, Harwich

£275,000 Guide Price

Summary

** 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.

Features

  • 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

Files

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

Request a viewing on King Georges Avenue, Harwich.