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75 Knollys Road, Streatham, London... Residential development for sale
75 Knollys Road, Streatham, London, SW16 2JN
£400,000
75 Knollys Road, Streatham, London, SW16 2JN
£400,000
Our Summary
- Guide Price = £400,000+*For Sale By Online PublicAuction 12th November 2025 09:30 AM
- To inspect the legal documents for this property go to our website to download the legal pack*A Freehold Ground Rent Investment and Roof Space Development Opportunity Offered with Planning Permission for the Construction of a Further 2 x Two Bedroom Flats All Secured Upon a Detached Building of Nineteen Flats (All Sold-Off on Long Leases) Currently Producing £6,775 Per Annum
- NotePlanningLambeth Borough Council granted the following planning permission (ref: 21/00343/FUL) on 9th March 2023: 'Erection of 2 x 2-bed units on roof of existing building, with provision for private amenity space, car and cycle parking, and refuse and recycling storage'
Description
This property is a freehold ground rent investment and roof space development opportunity located on a residential road near local shops and amenities. The detached building currently comprises 19 flats, all sold off on 150-year leases, producing a combined ground rent of £6,775 per annum. Planning permission has been granted to construct two additional two-bedroom flats on the roof of the existing building, with private amenity space, car and cycle parking, and refuse and recycling storage. The property is being sold by online public auction on November 12, 2025, and interested parties can download the legal pack from the estate agent's website.