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- LoopNet Team
Sandy Ln
Newport PO30 3NA
Thompson House · Land For Sale
·
2.40 AC
INVESTMENT HIGHLIGHTS
- 2.7 Miles from Newport
- 15 Minute Drive from Ferry Services
PROPERTY FACTS
| Property Type | Land | Proposed Use | Multifamily |
| Property Subtype | Commercial | Total Lot Size | 2.40 AC |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 2.40 AC |
DESCRIPTION
It is understood that the site has a low flood risk as it is in Zone 1 on the Flood Risk Map for Planning. Interested parties will need to undertake their own due diligence. The site does not have planning permission for alternative use.There is no specific allocation in the Draft IPS under Policy H2 for this site to be residential. However, the draft Island Planning Strategy supports the principle of affordable housing to meet local need on rural exception sites. It is understood that mains water and electricity are available to the site. Southern Water have confirmed to the IWC that there are no public sewers nearby.
