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£10,000,000 Guide

2 Hatcham Road & 12-38 Hatcham Road, London, SE15 Ref: 30787

Iberia House, 2 Hatcham Road is situated on the corner of Manor Grove and benefits from planning permission and signed S106 for 33 flats and 915.5sqft / 9,854sqft of commercial. The units comprise 14 one bed, 14 two bed, 4 three bed and 1 four bed units. 12 units (36%) are allocated as affordable, of which 70% are intermediate shared ownership housing, and 30% are social rented housing.

12-38 Hatcham Road has a resolution to grant planning for 49 units and 1,118 sqm of commercial subject to the S106 being signed. The units comprise 11 one bed, 24 two bed and 14 three bed units. 17 units (35%) are allocated as affordable, of which 70% are intermediate shared ownership housing, and 30% are social rented housing.

In summary, the sites have planning permission for 82 units plus 2,033.5sqm / 21,888 sqft of commercial. The unit mix is 25x1 bed, 38x2 bed, 18x3 bed and 1x4 bed units of which 29 units (35%) are allocated as affordable.

Both schemes were designed by Davy Smith Architects. The majority of the units would qualify for 'Help To Buy'.

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