An outstanding opportunity to acquire a substantial freehold site extending to approximately 86,630 sq ft (circa 1.99 acres), located in the well-established and increasingly popular Lee, within the London Borough of Lewisham.
Outline planning permission (with all matters reserved except for access) has been granted for the construction of a three-storey apartment building to provide 9 self-contained residential units. Full details of the consent can be found via the London Borough of Lewisham planning portal.
The consented development plot, together with its access, extends to approximately 22,000 sq ft and is directly accessed via Buckden Close; Whilst the remainder comprises a mixture of access roads, footpaths, and a large communal grassed area, presenting a versatile and predominantly cleared site.
The site may be suitable for future intensification, including potential consideration of airspace development, subject to planning permission (STPP). Furthermore, the wider freehold parcel includes land which may also be suitable for future development, subject to planning permission (STPP), and is reflected in the site’s overall long-term value potential.
The remainder of the land is accessible via Alanthus Close, Leyland Road, and Burnt Ash Road, providing multiple access points and flexibility for future site configuration or phased development.
The site lies just over 100 metres from Lee railway station, offering direct and frequent services into Central London, making it highly attractive for residential development.
The surrounding area is characterised by a mix of residential housing and local amenities, with nearby green spaces and strong transport connectivity further supporting its appeal.
This is a rare and versatile development opportunity, offering both an implementable consented scheme and significant scope for intensification, subject to planning, in a highly accessible London location.
Material Information
A Section 106 legal agreement is in place, which is binding on the land and includes financial contributions (including CPZ and monitoring payments), highway works requirements, and restrictions affecting future occupation and parking rights (including a ban on residential parking permits, subject to final terms). The development is also subject to highway works being completed prior to occupation. All obligations are registered as a local land charge, run with the land, and may impact timing, cost, and future use of the scheme. A number of planning conditions also apply to the consented scheme, including requirements relating to contamination remediation, construction management, infrastructure provision and parking provision, which will need to be discharged as part of implementation. Full planning conditions and detailed layout remain subject to reserved matters approval.
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