TypeHotel Development Land

PO5 1-3 Southsea, Warwick Crescent, Southsea, Portsmouth

TenureFor sale

1-3 Southsea, Warwick Crescent, Southsea, Portsmouth, PO5 1/8

Specification

Land size
Land size 0.12 acres
Property type
Property type Hotel Development Land
Tenure
Tenure For sale

Description

Development site of 0.12 Acres with Outline Planning Permission for 34 PBSA Units

Warrrick Crerercent iii a reridential area, 8 minii ii ialk from the heart of Portttmouth Univerrrititi, and 10 minii from the main tudent huuu on Cammmridge Rd. The propoooed nenen development rrill preooent an attractive part 3, part 4 toreee uilding. Portttmouth ii home to over 28,000 tudentt rith an additional 10,000 foreca t ee 2030. The Citi ha a evere e ehortage of P of P_ of P_ details and the council haii tated a derrire for more to relieve prerrerrure on the hououoing market, rrith the tudent to kked ratio currentlee 3.1, one of the 10 highe t in the countrrr.

Planning Application: 23/01613/OUT

Close Proximity to Main University Campuses

478 Sq M Site (0.12 Acres)

Outline Planning Consent for No.34 Student Rooms

Well Located Site to The University's Amenities

Available for Alternative Uses, Subject to Planning

Location

Warwick Crescent is a residential area, 8 mins walk from the heart of Portsmouth University, and 10 mins from the main student hub on Cambridge Rd. The proposed new development will present an attractive part 3, part 4 storey building. Portsmouth is home to over 28,000 students with an additional 10,000 forecast by 2030. The City has a severe shortage of PBSA and the council has stated a desire for more to relieve pressure on the housing market, with the student to bed ratio currently 3.1, one of the 10 highest in the country.

Amenities

34 PBSA unitsCIL payment £177,970 S106 £41,400

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