Initial price	£1,500,000
11/10/25	£1,350,000
21/10/25	£1,250,000
08/11/25	£1,000,000
Price Change	-33.33%

This property is a former care home with planning permission to be converted into 20 dwelling units, comprising 18 two-bedroom apartments, two one-bedroom apartments, and two two-bedroom houses. The property sits on a 0.8-acre plot with direct access to St. Peter's Crescent, just a mile from Selsey's seafront and high street. The development offers a great opportunity for developers to build and re-sell or retain for rental yields, with potential annual rental income of around £280,000. The property has been valued at between £5 million and £5.25 million, with independent re-sales guidance provided. The sale includes planning permission, and the option to purchase the LTD company that owns the building is available. A full marketing pack with plans, images, and documents is available upon request.