Land

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Land

Hampstead Lane, Yalding ME18
£875,000

Our Summary

  • The substantial plot offers the opportunity, STPP, to build a separate house or holiday lodges in the garden – further adding to the gdv
  • With sufficient parking and access, without compromising privacy, the existing property could be converted into multiple dwellings and additional property could be built in the garden, all subject to a successful planning application

Description

This unique property, known as Teapot Island, is a fantastic opportunity to create a special hospitality offering, such as a wedding venue, pub, restaurant, or holiday homes, in a prime location surrounded by affluent villages and a year-round tourist destination on the River Medway. The substantial plot offers scope for development, including the possibility of building a separate house or holiday lodges in the garden, subject to planning permission. The property itself could be converted into a large grand house or up to five separate dwellings, with a potential gross development value of over £2 million. The location is highly sought-after, with properties in the area regularly achieving £5,000 per square meter. The property currently operates as a hospitality business, with a large beer garden, children's play area, and ample parking, and offers a range of opportunities for further development and expansion.