Land for sale

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Land for sale

Lowther Road, Bournemouth
£1,250,000

Price History

Initial price £1,421,750
26/04/24 £1,325,000
22/08/24 £1,250,000
Price Change -12.08%

Description

This property is a development opportunity with outline planning permission granted for the demolition of two existing detached houses and the construction of two blocks of nine apartments with cycle and bin stores. The plot is large enough to accommodate additional dwellings to the rear, subject to necessary planning permissions. The estimated re-sale values of the apartments range from £175,000 to £325,000, with a total estimated value of £4,420,000. The property is located in the popular residential area of Lowther Road, Charminster, which is close to Bournemouth town center and Winton. The area offers a range of shopping facilities, restaurants, and cafes, as well as easy access to the 5-star award-winning beaches, pier, and promenade. The property is also close to Bournemouth International Airport and has a main line train station with direct links to Southampton Airport and London Waterloo.