84 Ravensbourne Park,
London SE6 4YA

Offers in excess of £950,000

Freehold for Sale with Development Potential

3 bedroom existing house

Site area 957 sqm / 10,301sq.ft

Unique location overlooking Ladywell Fields

Development potential for 7 to 8 flats STPP

Current income of £19,200

Freehold

Offers in excess of £950,000

Description

The existing property comprises of a two storey three bedroom house currently producing £19,200. The site area is 957m2 / 10,301sq.ft and offers significant development potential to create a scheme for 7 to 8 residential apartments following the demolition of the existing house.

Location

The existing property is located between Catford and Honor Oak, within the London Borough of Lewisham and is 8 miles South-East of Central London. The property has an enviable direct view over Ladywell Fields.

There are ambitious plans for a major regeneration of the town centre and many new homes have already been built in the area, making Catford an up-and-coming area of London to live.

Catford has many good schools, parks and playgrounds, which attracts young families to the area. The area is known for its strong sense of community.

Transport

Catford Station (Thameslink) and Catford Bridge Station (Southeastern) are both a 10-minute walk from the property, with trains into Kings Cross and Cannon Street taking 25 minutes. The nearby A2 and South Circular Road, provide links to the M25 and M20.

Development Potential

Our client has attempted to gain planning permission for 9 units but this was refused and they also failed to secure on appeal. We are advised that a smaller scheme would be looked on favourably for 7 to 8 apartments but buyers should satisfy themselves in this regard. We have within our further information pack all the relevant documents of the refused application and decision notice.

For further information please contact Lewisham Council Planning Department on 020 8314 7400.

VAT

We understand the property is not subject to VAT.

Viewing

Can be made from the roadside in the first instance.

Additional  Information

For copies of the refused applications and decision notice, please contact a member of the Highfield team.

Terms

Unconditional offers in excess of £950,000 for the freehold interest.

Buyers note: The property is offered with the existing tenant or with vacant possession.

Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.