- Price: £1,150,000 +
- Generous Plot Size with landscaping potential +
- Approved Planning Permission for 9 x 2-bedroom flats, with potential for 2 additional units (subject to planning) +
- Overage Clause: 10 years at 15% if planning is granted for the extra units +
- Initial works completed, enabling immediate continuation +
- Walking distance to Elizabeth Line and easy journey to M4, offering quick access to central London +
Edwardian Property with Development Potential for 11 Flats – £1,150,000 – Investment Opportunity
This exceptional Edwardian property, set on a generous plot, is offered at £1,150,000 with approved planning permission for the construction of a new building comprising nine two-bedroom flats, including parking and landscaped grounds. Additionally, there is potential for two more flats in the roof space pending planning approval, bringing the total potential units to eleven. The sale includes a 10-year overage clause of 15%, which applies if planning is subsequently achieved for the additional flats.
The existing property is comprised of two separate buildings with individual titles, sold together as one, allowing flexibility for future use. Some initial development work has already been completed, enabling a buyer to proceed with the approved plans immediately if desired.
The property showcases striking Edwardian details, such as a grand wooden-panelled entrance area and an impressive staircase—charming features that could be incorporated into the new design or retained for character. Located in a vibrant area with access to the Elizabeth Line and the M4 motorway, this site offers both convenience and excellent investment potential.
This is a prime opportunity in a growing area with strong transport links and high future growth potential. Don’t miss out, contact us today for more details and to arrange a viewing!