An opportunity to acquire a consented freehold development site in a well-established South London location.
The site extends to approximately 0.092 acres and currently comprises an existing buildings of approximately 2,067 sqft (192sqm). Planning permission has been granted for the redevelopment of the site to provide a six-storey mixed-use scheme, comprising 19 private residential units together with a ground floor commercial unit.
The scheme benefits from no affordable housing requirement and no Gateway 2 obligations, offering a streamlined route to delivery. The site is held within a project-specific SPV with an opportunity to acquire the SPV, with stamp duty payable on the share transfer at 0.5%.