This unique coastal property presents an intriguing investment opportunity, featuring two existing holiday cottages alongside a substantial greenhouse, set within 2.11 acres of land that includes grassland, woodland, and a scenic pond. Located in the desirable St Lawrence area, the property boasts stunning sea views and is positioned for potential development, particularly with the glasshouse which has received preliminary support for conversion into a residential dwelling following a recent pre-application by the current owners. The cottages are currently successful holiday rentals, each comprising three bedrooms and expansive open-plan living areas with beautiful views. They are located in close proximity to local amenities in Ventnor and offer easy access to mainland ferry connections.
The glasshouse itself is constructed from aluminum with single-pane glass and polycarbonate roofing, providing a significant footprint of approximately 375 m2 (4036 sqft) that invites creative redevelopment ideas, subject to acquiring necessary consents. The setting includes mature woodlands and a large shared lake teeming with aquatic life.
Given the restrictive covenant limiting the number of residential units on-site to three, this property offers scope for strategic renovation or redevelopment while aligning with its natural beauty within an Area of Outstanding Natural Beauty.
