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8 bed semi-detached house
Camberwell Grove, Denmark Hill, London, SE5
Planning
£2,500,000
Next Steps
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Our Summary
- Large unconsented plot to rear - Precedent for a 4/5 bed house *STPP
- Excellent scope to enhance returns through reconfiguration and development
- Four self-contained apartments with scope to split the large ground-floor unit (STPP)
- All flats currently under-rented, offering clear income-uplift potential
- A substantial freehold positioned on one of Camberwell’s most desirable residential streets, offering significant income-uplift and development potential
- This handsome period building comprises four self-contained apartments, including an oversized ground-floor flat split across the ground floor of the two adjoining freeholds, that lends itself to reconfiguration into two units (STPP)
- All apartments are currently under-rented, providing clear scope to enhance returns through re-letting, refurbishment or re-planning
- To the rear, the plot benefits from a generous unconsented area of land, with neighbouring properties having already built out, offering strong precedent for a 4–5 bedroom new-build house or additional ancillary accommodation (STPP)
- A superb opportunity for investors, developers or buyers seeking a freehold with multiple value-add angles in a high-demand South London location
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Description
The property is a freehold period property arranged as four well-proportioned apartments, including a large ground-floor flat that could be subdivided into two separate dwellings or remain as one unit. The property has a substantial rear parcel of unconsented land, offering potential for a family house or further residential development. The property sits on Camberwell Grove, a tree-lined avenue between Denmark Hill and Dulwich.
All units are currently let below modern market levels, presenting immediate value.