Four, The Springvale

Four, The Springvale

Springvale Road, Seaview, Isle of Wight, PO34 5AN

SSTC

£650,000

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Property ID :

 RH-2252319-property

Bedrooms

5

Bathrooms

5

Area

2267 sqft

Description

DEVELOPMENT OPPORTUNITY: Former hotel with consent for conversion and extension to provide luxury waterfront homes. Stunning seafront location overlooking Spithead and the Solent with panoramic sea views.

This former hotel is in a stunning seafront location, overlooking Spithead and the Solent with planning consent for alteration and extension. Consent Ref: TCP/01296/18, P/01296/18 – dated 25/1/19

This is a rare opportunity to develop your own luxury waterfront home, comprising of a garage and gym on the lower ground floor, an open plan living and dining room on the ground floor, two double en-suite bedrooms and a dressing room on the first floor, two more en-suite double bedrooms, a dressing room and roof terrace on the second floor, and a spacious master suite on the third floor. The house is approached by steps and there are gardens to the rear.

The hotel closed some years ago (c. 2010) and is now being sold with vacant possession. Constructed of colour-washed stuccoed elevations in an ‘Italianate’ decorative style, the current building extends over 5-storeys including a lower ground level. Before becoming a hotel, the property is believed to have been a pair of semi-detached private residences originally built in the mid/late 19th Century.

Property Development Contribution

Successful purchasers will secure the sum of £48,000 with their solicitor, which will cover the provision of a new roof, new windows, the division of services to each home, rendering of the entire property, divisions of the rear garden, parking provision, internal divisions and staircases in each property to each floor. This provision gives successful purchasers a fantastic head start when creating their dream waterfront home.

Location

Seaview is a well-known sailing village on the north-east coast of the island with many facilities including the renowned Seaview Hotel, the Seaview Yacht Club and the Isle of Wight Sports Club. Newport, about 12 miles to the west, is the main shopping area with a wide range of facilities and amenities. Ryde, about 2 miles away is the largest town on the island with mainland connections by hovercraft (10 mins) to Southsea and a fast catamaran (22 mins) to Portsmouth with onward train links to London (approximately 1 hour 30 mins). With 6 miles of beaches and shallow coastal waters it is ideal for swimming. To the east of Ryde there are popular sailing villages which include Seaview, St Helens and Bembridge.

The Isle of Wight is becoming an ever-more popular location for permanent and second homes. The island is famous for sailing in the Solent; Cowes Week; its beautiful coastline including the sandy beaches and The Needles; spectacular countryside and long sunshine hours. Sainsburys, Tesco, M&S, Waitrose, Lidl, Aldi and Asda all have a presence as have many other national chains.

Communication and transport links are excellent, regular car ferries connect with the national motorway network and fast catamarans have connections via Southampton and Portsmouth with direct trains to London Waterloo, within 2 hours of leaving the island shore.

There are a good selection of state and independent schools. Leisure opportunities include walking, riding, para-gliding, hang-gliding, team sports, sailing, wind surfing and other water sports, rugby, football, cricket and golf clubs and the good transport links enable day trips to the shopping centres of West Quay, Southampton and Gunwharf Quays, Portsmouth.

Directions

Proceed out of Seaview centre on the High Street and West on Bluett Avenue leading to Duver Road and onto Springvale Road. After the junction with Oakhill Road, the former Springvale Hotel will be found on the left hand side.

Agent Notes:
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures and fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Susan Payne Property Ltd. Company no. 10753879.

Energy Performance Information

Floor Plans

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Property Location

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Bedrooms

4

Bathrooms

2

Area

1206 sqft

For Sale

£425,000