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Old Kent Road, New Cross, London, SE15

£725,000
Residential Development & Investment London, Covering London
PROPERTY TYPE

Land

BEDROOMS

2

BATHROOMS

1

SIZE

1,093 sq ft

102 sq m

Key features

  • Freehold investment and development opportunity
  • Sui generis property arranged over ground and upper floors
  • Held across two freehold titles
  • Substantial rear site
  • Established planning position
  • Asset management and alternative-use potential, subject to planning
  • Located within the Old Kent Road regeneration corridor
  • Attractive opportunity for investors, owner-occupiers and developers

Description

A rare freehold investment and development opportunity comprising a sui generis property arranged over ground and upper floors, together with a substantial rear site, held across two freehold titles.

The property is currently occupied as a single sui generis use, with the upper floors accessed via the commercial accommodation. To the rear lies a significant site which benefits from a Certificate of Lawfulness secured in 2022 relating to an extant warehouse consent, providing an established planning position for future purchasers.

The size and configuration of the site offer considerable asset management and development potential, with scope for alternative uses subject to obtaining the necessary planning consents. Situated within the wider Old Kent Road regeneration area, the property is well positioned to benefit from ongoing investment and infrastructure improvements across the locality.
Situated within the Old Kent Road Opportunity Area, one of London's largest regeneration zones, benefiting from significant public and private investment, planned infrastructure improvements and strong long-term growth prospects.
Please use the reference PTNY5269582 when contacting Foxtons.

Brochures

Property details

Old Kent Road, New Cross, London, SE15

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Queens Road Peckham Station0.4 miles
  • New Cross Gate Station0.6 miles
  • South Bermondsey Station0.7 miles

About Residential Development & Investment London, Covering London

566 building 12 Chiswick High Road, London, W4 5BE

Foxtons is proud to be London?s leading estate agency, with sales, lettings, property management and support specialists working across more than 50 interconnected offices.

Our business is built to serve customers better, with the scale required to reach more people, fuelled by the commitment and expertise of our teams, supported by best-in-class technology. These strengths allow us to consistently deliver the great results our customers expect.

We know that outstanding service produces great results. You?ll experience this through:

? Your team of specialists. Our negotiators, valuers, managers and support teams and are on hand to help you throughout your sales transaction. They are all experts in their local areas, making them best-placed to help you find your perfect property. We can connect you with independent mortgage and conveyancing specialists will help you effectively navigate the buying or selling process. With Foxtons you'll get all the support you need.

? Our reach across London. Our interconnected network of teams and offices means we?re able to connect more buyers with sellers than anyone else. We help 39% of our buyers discover properties in areas they had not previously considered.

? Technology to support your purchase. We ensure that you have the latest technology to support your transaction. My Foxtons, your property portal, has a host of features to give you maximum transparency and control over the buying and selling process.

We believe it?s the exceptional service we deliver that makes Foxtons the best place to buy, sell, let or rent a property, and our customers agree, rating us ?excellent? on Trustpilot.

Foxtons is proud to be London?s leading estate agency, with sales, lettings, property management and support specialists working across more than 50 interconnected offices.

Our business is built to serve customers better, with the scale required to reach more people, fuelled by the commitment and expertise of our teams, supported by best-in-class technology. These strengths allow us to consistently deliver the great results our customers expect.

We know that outstanding service produces great results. You?ll experience this through:

? Your team of specialists. Our negotiators, valuers, managers and support teams and are on hand to help you throughout your sales transaction. They are all experts in their local areas, making them best-placed to help you find your perfect property. We can connect you with independent mortgage and conveyancing specialists will help you effectively navigate the buying or selling process. With Foxtons you'll get all the support you need.

? Our reach across London. Our interconnected network of teams and offices means we?re able to connect more buyers with sellers than anyone else. We help 39% of our buyers discover properties in areas they had not previously considered.

? Technology to support your purchase. We ensure that you have the latest technology to support your transaction. My Foxtons, your property portal, has a host of features to give you maximum transparency and control over the buying and selling process.

We believe it?s the exceptional service we deliver that makes Foxtons the best place to buy, sell, let or rent a property, and our customers agree, rating us ?excellent? on Trustpilot.

Notes

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Disclaimer - Property reference 1396161. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Development & Investment London, Covering London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.