An opportunity to purchase a vacant, freehold development site with planning permission in the popular South London suburb of Nunhead.
The subject site currently comprises three neighbouring two-storey, mixed-use buildings along with a one-storey residential unit located on the corner of Inverton Road and Surrey Road.
The planning permission provides for the demolition of all the buildings in situ to make way for a new terrace of 5 four-bedroom family houses with gardens, a ground floor retail unit and a two-bedroom apartment which also benefits from access to a garden. The houses have been designed to be in keeping with the late-Victorian era houses located in close proximity and as such will no doubt be well-received by the end user market upon completion. Opportunities to build new houses in an urban location are increasingly rare, and new freehold houses with private gardens are particularly sought-after amongst residential buyers.
