The site of the former Broadlea Primary School – and latterly the Island Learning Centre – could be sold for £1million with the development of over 45 new homes.
The Isle of Wight Council’s Executive Committee will meet on Thursday to consider the options surrounding selling the parcel of land off Manor Road in Lake.
The school that once stood there was burnt to the ground in an arson attack back in July last year.
Should the Council decide to sell the land, it could be worth in the region of £1.1million with plans to build 47 properties, made up of a mix of rental and shared-ownership.
No one has ever been charged with causing the fire, although a 16-year-old boy was arrested on suspicion of arson before being released without charge.
Featured photo: Wightdrone (www.wightdrone.com)