We've sold several redundant police stations over the years - the most recent being this fine building on London Road in Norbury. Owned by a private investment company, the property was offered for sale with planning permission for the conversion of the main period building, and construction of a new apartment block to the rear. The approval allows for a total of 22 apartments with some ground floor commercial space. A high profile marketing campaign was undertaken, and offers were received from a wide variety of potential purchasers. A sale was ultimately concluded at £3.4m to a regional developer - a figure that reflects more than £225,000 for each of the private plots.
PROJECT ADDRESS: Former Norbury Police Station, 1516 London Road, London SW16 4ES
SALE PRICE: £3,400,000
CLIENT: Private Investment Company