Development
properties
16 Beardell Street, London
SE19 1TP
Offers in excess of £1,350,000
Existing House and Adjacent Land with Lapsed Outline Permission to Create Four New Apartments
Existing house and adjacent land
Approximately 1,730sqft Victorian house in need of modernisation
Lapsed outline planning permission to create 4 residential apartments
2 separate freehold titles (may sell separately)
Offers in excess of £1,350,000
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Description
The property comprises of an unmodernised four storey Victorian house of approximately 1,730sq.ft, which offers significant redevelopment potential for extensions and conversion subject to gaining the necessary consents. The adjacent land benefits from lapsed outline planning permission for the construction of four residential units of approximately 3,314sq.ft comprising 2 x 2 bedrooms and 2 x 3 bedroom apartments over basement, ground, first and second floors.
Location
Beardell Street is situated in Crystal Palace within the London Borough of Lambeth and within close proximity to the famous Crystal Palace Park, one of the largest parks in South London offering a café, children’s farm, Victorian dinosaur sculptures and a concert bowl for local events.
Crystal Palace town is a less than half a mile from the property and is a busy hub with bars, restaurants and shops situated around Westow Street. The popular weekly Crystal Palace Food Market is also a short-walk away
The property is situated within the catchment area to the outstanding rated Paxton and Rockmount Primary Schools and the Harris City Academy Crystal Palace.
Transport
Beardell Street is well located, with easy access via the A23 into Central London and out to Croydon and the M25. The property is situated within close proximity to both Gipsy Hill and Crystal Palace Overground Stations with regular trains to London Bridge and Victoria.
Planning Permission
Outline Planning Permission was granted 31st October 2013 under planning reference 13/01457/OUT for the demolition of existing garage and the erection a three- storey building plus basement to provide 4 self-contained flats subject to reserve matters. This outline planning had now lapsed. The existing house in our opinion also offers potential for extensions and conversion subject to gaining the necessary consents.
Tenure
This property will be sold with two separate freehold titles.
VAT
We understand the sale will not be subject to VAT.
Viewings
For internal access please contact a member of our team.
Terms
Offers are invited in excess of £1,350,000 for the vacant freehold interest.
Buyers note: Our clients will consider offers for the existing house in excess of £700,000 or in excess of £650,000 for the adjacent land.
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.