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4 bed terraced house
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Our Summary
- Planning permission granted (Ref: DC/25/138903)
- Exceptional Freehold Development Opportunity Near New Cross & DeptfordA rare and exciting opportunity to acquire a substantial freehold building comprising four self-contained one-bedroom apartments, ideally positioned in the vibrant heart of South East London
- This attractive period conversion offers immediate rental income, significant development potential, and is enhanced by approved planning permission (Ref: DC/25/138903), making it a standout investment for developers, portfolio landlords, or those seeking a live/work opportunity with long-term growth prospects
- All units are currently tenanted, generating a combined annual income of £55,200, with scope for uplift through refurbishment or redevelopment
- Whether you're seeking a fully-let investment, a development project with planning already in place, or a multi-unit home for extended families or co-living models, this property offers flexibility, location, and long-term value
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Description
This rare opportunity presents a substantial freehold building in the heart of South East London, comprising four self-contained one-bedroom apartments with approved planning permission for redevelopment. The property offers immediate rental income, with each apartment enjoying its own entrance and thoughtfully laid out living spaces. The building is currently tenanted, generating a combined annual income of £48,000, with scope for uplift through refurbishment or redevelopment.
The property is situated in a vibrant area surrounded by a thriving local scene, with easy access to transport connections, green spaces, and riverside walks. Whether seeking a fully-let investment, a development project, or a multi-unit home, this property offers flexibility, location, and long-term value.