This development site presents a noteworthy opportunity for investors and developers, featuring full planning consent for the construction of five residential units. The approved plan includes three 3-bedroom bungalows and two 2-bedroom homes, both thoughtfully designed with extensive external decking to enhance outdoor living space. Each property will be set on generous plots, complete with private gardens and designated parking.
Covering a total area of approximately 4.02 acres (1.62 hectares), this parcel of land was previously utilized as garden grounds for an adjacent property, offering potential for lush landscaping and community appeal. The site is conveniently located near Wootton Creek, just on the outskirts of Wootton Bridge—an attractive town known for its amenities, including shops, restaurants, and access to local schools. Additionally, the proximity to the Fishbourne-Portsmouth ferry (a mere four-minute drive) facilitates easy travel to the mainland, while East Cowes is only seven minutes away by car.
The existing planning approval was granted under reference APP/P2114/W/22/33123325, allowing for a variety of housing types that cater to different demographics. While some pre-commencement conditions need attention from the future owner, groundwork has already begun with an internal roadway established by the seller to support previous tourism unit plans.
Accessed via a five-bar metal gate from New Road, this site offers convenient entry points for construction vehicles and potential occupants alike. Though there are some existing utility connections noted on the property, it is advisable for interested parties to conduct their own assessments regarding service availability.
The investment potential extends beyond residential development; the nearby town's growth trajectory suggests promising long-term returns in property value. The new owner will inherit certain obligations from a legal agreement with Isle of Wight Council under Section 106 but has significant flexibility in shaping how this site can evolve within local guidelines.
Overall, this project presents a rare chance to make an impactful mark in a desirable locale while contributing positively to the community landscape.
