Cowley Terrace, Adjacent Field and Orchard, Ramsey Road, Peel

Offers in excess of £2,250,000

Key Features

  • Unique Residential Investment and Development Opportunity in the historic City of Peel
  • 11 Terraced Cottages, nine let on short hold residential tenancies
  • Adjoining Field circa 0.75 acres with a detached Stable on the west side, accessible from the main road
  • Orchard adjoining the field circa 0.15 acres with frontage onto Ballaquane Road
  • Development land zoned Residential in the Area Plan for the West
  • Freehold, subject to the investment leases

Overview

Black Grace Cowley are delighted to offer this unique and exciting opportunity to purchase a three-part freehold investment and development opportunity in Peel. Situated in a sought-after location with spectacular views towards the sea. Zoned for Residential. Freehold

1-11 Cowley Terrace is made up of eleven broadly similar two storey cottages. Nine cottages are fully let on short hold residential tenancies, with a tenancy schedule available upon request.

Adjoining field opposite circa 0.75 of an acre, currently let on a grazing licence. A stable on the west side which is let separately.

Orchard, circa 0.15 of an acre, adjoining the field with frontage onto Ballaquane Road, currently let.

At a Glance

  • Price
    Offers in excess of £2,250,000
  • Status
    For Sale
  • Bedrooms
  • Reception Rooms
  • Bathrooms
  • Front Garden
    No
  • Rear Garden
    No
  • Garage
    No

Contact the Agent

Contact the Agent

Tim Groves

tim@blackgracecowley.com

01624 645552

Key Features

  • Unique Residential Investment and Development Opportunity in the historic City of Peel
  • 11 Terraced Cottages, nine let on short hold residential tenancies
  • Adjoining Field circa 0.75 acres with a detached Stable on the west side, accessible from the main road
  • Orchard adjoining the field circa 0.15 acres with frontage onto Ballaquane Road
  • Development land zoned Residential in the Area Plan for the West
  • Freehold, subject to the investment leases

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