Stanstead Road, London, SE23

Consented Development Opportunity in Forest Hill 

? Guide Price - £1,600,000
? Planning granted for 2 x 2 Bed Houses, 2 x 2 Bed Apartments, 4 x 1 Bed Apartments along with retained Social Club commercial space.
? CIL - £50,714.43
? GDV ? c. £4,400,000

Description 

241 Stanstead road is a consented development opportunity, with planning to be granted for the ?Redevelopment of the property at No 241 Stanstead Road SE23 to provide 5 self-contained flats on the upper floors, retaining social club on the ground floor, together with extensions to the rear, providing two 2 storey, two-bedroom houses and, 1 two bedroom self-contained flat to the rear fronting onto Park Rise Road.? The permission provides 2 x 2 Bed Houses, 2 x 2- bed, 4 x 1 bed units all with private amenity space along with commercial space on the ground floor retained as a social club. The CIL payment has been confirmed at a figure of £50,714.43. Full liability notice from Lewisham available on request.

Location 

The site is located in the London Borough of Lewisham, just outside Forest Hill. Being 0.9 miles from Forest Hill Station providing excellent transport into Central London via both the Overground line and direct trains into London Bridge in 23 minutes.

Existing

The site is occupied by the social club. The club is no longer in use.

Planning 

Lewisham planning reference ? DC/22/126177

Price 

Guide price of £1,600,000 for the freehold interest.

Method of Sale 

The Property is being offered for sale via Private Treaty. All offers should be submitted in writing along with proof of funds and details of any previous schemes.

VAT 

We understand that VAT is not applicable on this property.

Information Pack 

Please contact either or for a link to all the documents, GDV and comparable evidence.