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£695,000Residential development for sale
30 Bryant Street, Chatham, Kent
Residential development
0.13 acre(s)
Key information
Features and description
- Freehold Development Site.
- 10x 1-bedroom & 14x 2-bedroom apartments.
- 0.3 mile to Chatham High Street & 0.4 mile to Chatham Station.
- GDV Resale Value c.£5m (c.£315 p/sqft).
- GDV Leasing Value c.£425,000pa (c.£35,416pcm).
- Offers in Excess of £695,000 (only c.£29k per plot).
- Site Area c.0.13 acres.
- Planning via Medway Council for 24x all Private Apartments (ref:MC/23/2779).
- Consented NSA is c.15,898sqft (c.1477sqm).
A superbly located freehold development site in one of Medway's most well-known areas, Chatham, just minutes from the station and High Street. The development site itself is a cleared site, and extends to c.0.13 acres, which benefits from planning consent to construct a 6-storey building comprising 24x all private apartments. The site is being sold unconditionally and will appeal to developers looking to either build and resell, or build to rent, with an expected yield to be c.9/10% (subject to construction costs) based on private market rents, allowing for a buyer to refinance the building and add the 24x apartments into their portfolio.
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About this agent
As one of London and Kent's most successful property companies with 35 years experience and 40 offices, we strive to deliver a service that is unparalleled by our competitors. Our team appreciate that your home is likely to be your most treasured asset. Therefore whether we are selling, letting or assisting in a purchase, our priority is to ensure each client is treated with care and consideration.