{"loaderData":{"0-6":{"propertyListing":{"building":{"id":"748418450895281","summary":"De-Risked Consented Development Opportunity For 14 Apartments & Commercial Space With Value- Add Potential - Prior Sale of 8 Apartments With 10% Deposit","archived":false,"description":"SUMMARY

•\tAn opportunity to acquire a cleared freehold site in Nine Elms with full planning consent for 14 high end apartments and a large commercial space with potential for further units. 8 apartments have been sold off to international clients with 10% deposits being currently held with two-year long stop dates.

LOCATION

•\tThe property is located on Southville, situated just off Wandsworth Road and directly overlooking Larkhall Park. Positioned within the highly desirable Nine Elms regeneration area, benefiting from significant local infrastructure and amenity improvements.

•\tThe property is located just an 8-minute walk from Nine Elms Station and 7 minutes from Stockwell Station, providing direct services to London Bridge Station in approximately 16 minutes.

EXISTING

•\tThe site is to be entirely demolished and cleared commencing in April 2026 to make way for the new development, offering a clean slate for the incoming purchaser.

PLANNING

•\tPlanning permission was granted 31st March 2023 for the “Demolition of existing buildings and erection of 3 storey building plus setback roof level to provide a 297sqm floorspace of commercial unit (Use Class E) at ground floor level and 14 residential units (Use Class C3) at first, second and third floor levels comprising 2 x studio, 4 x 1 bed, 6 x 2 bed and 2 x 3 bed units, together with the provision of bin and cycle storage.” (Planning Ref. 20/04481/FUL)

•\tThe proposed scheme will comprise 14 private apartments (2 x studio, 4 x 1 bed, 6 x 2 bed, 2 x 3 bed) arranged across 4 storeys, extending to a total area of approximately 9,337 SqFt NSA.

•\tThe proposed scheme would also provide a commercial unit at ground level extending to approximately 3,195 SqFt.

•\tWe have been advised that the vendor would be clearing the site to implement planning and will be paying half of the CIL. The remaining CIL amounts to £173.000

•\tWe have been advised that the S106 contribution amounts to £715,431.

•\tThe development is designed as a \"car-free\" scheme.

•\tThere is a clear strategy to optimise the GDV by seeking planning permission to convert the ground floor commercial space into 4 further residential apartments, maximising the site's residential footprint.

TERMS

•\tThe property is available freehold.

•\tOffers in excess of £4,000,000

","disclaimer":{"raw":"Disclaimer - Property reference Southville. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Di Properties Ltd, London. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":["TRANSPORT_LINKS","WELL_CONNECTED"],"keyFeatures":["De-Risked Exit - Prior Sale of 8 Apartments With 10% Deposit","Consent For 14 Apartments & Commercial","Value-Add Potential for additional units.","Cleared Site.","Car Free Scheme","Part paid CIL"],"environment":{"epcRating":null,"breeamRating":null,"environmentalDescription":null},"pricing":{"price":4000000,"displayQualifier":"OFFERS_IN_EXCESS_OF","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":0,"yearBuilt":null,"yearRenovated":null,"listedBuilding":false,"numberOfFloors":0,"planningPermission":"APPROVED","businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/434bf6283/748418450895281/434bf6283a0c8904a2dfb58bbd5efbf4.pdf","description":""}],"photos":[{"uri":"property-photo/ec77ec30c/748418450895281/ec77ec30c2c6fdcd69831ea24f623413.jpeg","description":""},{"uri":"property-photo/95989d8d8/748418450895281/95989d8d8fc4d677af10f0628778eebd.jpeg","description":""},{"uri":"property-photo/20f0bef3d/748418450895281/20f0bef3d4cb69c8f1128476b03aebdd.jpeg","description":""},{"uri":"property-photo/af5f6cb15/748418450895281/af5f6cb15084d0d616b14dbb608588ea.jpeg","description":""},{"uri":"property-photo/519ebe0cc/748418450895281/519ebe0ccf7681bcd60e5b59e450c82e.jpeg","description":""},{"uri":"property-photo/23694dd6c/748418450895281/23694dd6cbb74bec44ffb16c25488f9e.jpeg","description":""},{"uri":"property-photo/e7303475d/748418450895281/e7303475dfb1d0c75d09f76223ee02cd.jpeg","description":""},{"uri":"property-photo/0fb4fc35e/748418450895281/0fb4fc35e3c9cb4c1bf27930f277a6d8.jpeg","description":""},{"uri":"property-photo/28ab5a656/748418450895281/28ab5a656d3c0eee4d185a6d138d07aa.jpeg","description":""}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":null,"size":null,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"1-9 Southville, Nine Elms SW8","showMap":true,"postcode":{"incode":"2PR","outcode":"SW8"},"streetView":{"latitude":51.474706,"longitude":-0.131488,"heading":68.947251,"pitch":-4.772881,"zoom":1,"showStreetView":true},"latitude":51.474768,"longitude":-0.131381},"nearestStations":[{"distance":0.3755889599165414,"name":"Nine Elms Station","types":["LONDON_UNDERGROUND"],"unit":"miles"},{"distance":0.42433092676591333,"name":"Stockwell Station","types":["LONDON_UNDERGROUND"],"unit":"miles"},{"distance":0.4605484794104867,"name":"Wandsworth Road Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Di Properties Ltd, London","email":null,"profileUrl":"/estate-agents/agent/Di-Properties-Ltd/London-288836.html","logo":"/partner-logo/37733348-LOGO-1765967661.png","id":288836,"description":"","telephoneNumber":"020 7046 1976","morePropertiesFromAgentUrl":"/commercial-property-for-sale/find/Di-Properties-Ltd/London.html?locationIdentifier=BRANCH%5E288836&propertyStatus=all&includeLetAgreed=true&_includeLetAgreed=on","primaryBrandColour":null}],"owner":{"description":null,"name":null},"primaryPropertyClassification":{"propertyClassificationSubType":"RESIDENTIAL_DEVELOPMENT","propertyClassificationType":"LAND_AND_DEVELOPMENT","offices":null,"industrialAndLogistics":null,"leisureAndHospitality":null,"retail":null},"secondaryPropertyClassifications":[],"letType":null,"letContractLength":null,"status":"AVAILABLE","availableDate":null,"serviceCharge":null,"businessRates":null,"isRentAllInclusive":null,"products":{"commercialSearchProminenceEnabled":false,"featuredProperty":false,"premiumListing":false,"premiumListingLabel":null},"auction":false,"spaces":[]}}}},"actionData":null,"errors":null}