Westwood Road, Ryde Offers in the Region Of £20,000
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Potential PARKING Spaces
Subject to Application for Dropped Kerb
Surface and Dropped Kerb to be Undertaken
Space for Two Vehicles
Potential Rental Investment
If you are struggling to find a dedicated regular parking space within or around central Ryde then this plot of land in Westwood Road could well be the answer to this. The plot sits at the Queen's Road end of the street and as such is a level walk from the main town centre and local schools. The plot measures 5m x 6m approx and will need to have a suitable hard surface created and one or two trees removed before it could be used for parking purposes. A double width dropped kerb will need to be applied for via the local council and carried out by a suitable contractor to facilitate legal vehicular access to the plot. There should be sufficient space for two vehicles to park on the plot once cleared and the surface laid although we would suggest a careful site visit/survey to ascertain its suitability for your requirements.
We have no formal quote but a discussion with a local contractor would suggest that the cost to make the alterations for parking purposes could well cost in the region of £5000 and therefore this should be considered by all potential purchasers.
As a rental investment a fee of £10 per week per space could see a return on investment of approximately £1000 per annum.