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Nelson Place, Ryde, Isle Of Wight. PO33 2ET, PO33 2ET

£599,000

Key features:

  • Development Opportunity
  • Pair Of Detached Period Houses
  • Gardens
  • Grade II Listed
  • Divided Into Self Contained Units
  • Chain Free
  • Close To Seafront
  • Top Floor Apartments Offer Sea Views
  • Excellent Re-Sale Potential
  • Parking/Garages

Description

A rare opportunity to acquire substantial period house. The property require substantial refurbishment and would therefore suit the experienced builder / developer.



Located just off Ryde seafront, location wise, a great prospect for the re-sale of new flat once refurbishments are completed.



Palmer House is sub divided into 8 units, there are 7 one bedroom units plus one, 2 bedroom unit. There is some doubt whether the lower ground floor units are prohibited from occupation, any prospective purchaser should seek further guidance from the local authority on this matter.



An early inspection of this investment is urged through the vendors appointed joint sole agents, Pier Estate Agents on 01983 62 00 62 or MOUNTFORD Estate Agents on (01983) 61 68 68.





Additional Information

Both properties are currently divided into flats.






Price: £599,000
Bedrooms: 16


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Pier Estate Agents
183 High Street Ryde PO33 2PN

Tel 01983 620062
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