Presenting an exceptional opportunity for those seeking to invest in the desirable coastal town of Hythe, this residential land boasts a self-build development with planning permission for a pair of one-bedroom holiday lets. Situated in a quiet and tucked away position within Hythe, this property offers a tranquil setting while remaining conveniently accessible to the bustling High Street and the picturesque Royal Military Canal.
The property's prime location ensures easy access to local amenities, including shops, restaurants, and recreational facilities, as well as close proximity to the Channel Tunnel and ferry port of Dover making it an ideal choice for holidaymakers looking to explore all that this charming town has to offer. Additionally, the beach is within walking distance, providing residents and guests alike with the opportunity to enjoy the sun, sand, and sea just a stone's throw away.
Perfectly positioned for those looking to capitalise on the thriving holiday rental market, the property benefits from a peak season rental rate of £150 per night per property, offering a lucrative income potential for prospective owners. With the Folkestone Planning Reference of 23/1172/FH in place, all the necessary approvals are secured, streamlining the development process for those looking to bring their vision to life.
Whether you are a seasoned developer seeking a new project or an investor looking to capitalise on the lucrative holiday rental market, this property presents a rare and enticing opportunity in the heart of Hythe. With its strategic location, attractive rental potential, and approved planning permission for a pair of one-bedroom holiday lets, this property offers a solid foundation for a successful and rewarding investment venture.
Don't miss out on the chance to own a piece of this sought-after coastal enclave in Hythe. Book a viewing today and envision the possibilities that await at this promising development site.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Skippers Estate Agents - Cheriton/Folkestone. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Skippers Estate Agents - Cheriton/Folkestone for full details and further information.