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Land, in Land At Buckden Close, £1,300,000
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Land

Land At Buckden Close, London, Greater London SE12
Land Planning
£1,300,000

Our Summary

  • Outline planning consent for a 3-storey scheme delivering 9 self-contained residential units, offering immediate / short-term development and profit potential
  • Strong development upside with potential for increased height (up to 10 storeys) and further opportunities across the wider parcel (STPP)
  • Outline planning permission granted (all matters reserved except access) for a 3-storey residential scheme comprising 9 self-contained units, subject to reserved matters approval
  • Potential for future intensification, including possible further development and airspace considerations, subject to planning permission (STPP) and statutory approvals
  • Outline planning permission (with all matters reserved except for access) has been granted for the construction of a three-storey apartment building to provide 9 self-contained residential units
  • The site may be suitable for future intensification, including potential consideration of airspace development, subject to planning permission (STPP)
  • Furthermore, the wider freehold parcel includes land which may also be suitable for future development, subject to planning permission (STPP), and is reflected in the site’s overall long-term value potential
  • This is a rare and versatile development opportunity, offering both an implementable consented scheme and significant scope for intensification, subject to planning, in a highly accessible London location

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Description

The property is a substantial freehold site located in Lee, Lewisham, extending to approximately 86,630 sq ft (1.99 acres). The site has outline planning permission for a three-storey apartment building with 9 self-contained units, with an access point via Buckden Close. The remainder of the site includes access roads, footpaths, and a large communal grassed area.

Additionally, the site has the potential to be developed further, with a vendor-commissioned sunlight and daylight report suggesting the possibility of a scheme up to 10 storeys with the necessary planning permissions. The site is accessible via multiple roads, including Alanthus Close, Leyland Road, and Burnt Ash Road.