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Sales Particulars For Sale Part Built Consented Residential Development Opportunity 36 Old Road Lewisham London SE13 5SR For and on behalf of the Joint Administrators 08449 02 03 04 avisonyoung.co.uk/15190 020 8315 5454 www.acorncommercial.co.uk July 2019 36 Old Road, Lewisham, London, SE13 5SR Highlights ─ Part built consented development opportunity ─ Scheme of 9 four bed terraced houses ─ Freehold ─ Extremely desirable location ─ 0.6 miles from Blackheath Village and Railway Station ─ 1 mile from Lewisham DLR Station ─ Terraces with views over Manor House Gardens Location The property is located in South East London within the London Borough of Lewisham, approximately 7 miles south east of Central London. The property is situated in a predominantly residential area close to Lee High Road and within 0.6 miles of prized amenities at Blackheath Village and Common . The property is situated one block south of the A20 which provides access to Central London and the wider motorway network. There are four mainline railway stations within a short walk of the property, the closest being Hither Green and Blackheath (approx. 0.6 miles). A number of bus routes service the immediate locality. Significant local green spaces can be found at the adjacent Manor House Gardens, with retail and leisure facilities found on the nearby Lee High Road. Blackheath is one of South London’s more affluent and desirable locations and benefits from a robust residential property market. Hither Green, Lee and Lewisham have seen a significant increase in popularity over recent years benefiting from overspill from Blackheath, resulting in an increase in property prices. 36 Old Road, Lewisham, London, SE13 5SR Description The subject property comprises a part complete development of 9x 4-bedroom terraced houses arranged over ground and 2 upper floors with a terrace to the 2nd floor bedroom, together with sheltered off-street car parking, cycle and bin stores accessed via a gated entrance off Old Road. The site formerly accommodated vehicle repair workshops. The property is of part brick, part blockwork construction. The external windows and doors are not yet installed although some aluminium window frames have been installed. We understand the roof to be part pitched slated and part flat green roof. The ground floor is of concrete screed most likely on a concrete block and beam structure, while the upper floors are a suspended timber structure. Internally each part-complete house provides an open plan ground floor kitchen, dining and living area with under-stair cloakroom/WC and utility cupboard likely intended to accommodate the boiler. At 1st floor level each house will provide 2x double bedrooms, 1x single bedroom / study and a bathroom. On the 2nd floor each house provides a master bedroom with en-suite shower/WC and terrace at the front elevation with views over the car shelter and boundary wall to the park to the west. Fit out internally is at first fix stage with most of the plasterboard installed but not plastered. Wall, floor and ceiling finishes are not yet complete. Bathroom suites and kitchens are not yet installed. We understand the houses will feature under-floor heating and based on pipe endings and chipboard floor-coverings we observed, have assumed that all under-floor heating piping is already installed. Externally each house has a private garden to the rear and share a yard to the front with a car shelter providing allocated off- street car parking for 1 car per house, plus 3 guest spaces. In addition there will be a bin store and cycle store accommodated towards the southern end of the car shelter. The site boundary comprises a high brick wall, which we understand the planning consent requires to be retained. The development is to be accessed from Old Road via a drive way secured by a gate. Planning - Planning consent was granted in 2014 by Lewisham Council ref. DC/14/087793 for “the demolition of the existing workshop buildings and the construction of 9 three storey, four bedroom houses’. Floor & Site Area Unit Type Bedrooms GIA (sq m) GIA (sq ft) 1 End Terrace House 3 doubles, 1 single / home office 122.02 1,313 2 Mid Terrace House 3 doubles, 1 single / home office 122.27 1,316 3 Mid Terrace House 3 doubles, 1 single / home office 122.22 1,316 4 Mid Terrace House 3 doubles, 1 single / home office 121.61 1,309 5 Mid Terrace House 3 doubles, 1 single / home office 122.05 1,314 6 Mid Terrace House 3 doubles, 1 single / home office 122.15 1,315 7 Mid Terrace House 3 doubles, 1 single / home office 122.18 1,315 8 Mid Terrace House 3 doubles, 1 single / home office 122.22 1,316 9 End Terrace House 3 doubles, 1 single / home office 122.21 1,315 TOTAL 1,098.92 11,829 The subject property has an approximate site area of 0.164 hectares (0.406 acres). Tenure The property is held freehold. Asking Price Offer in excess of £3,250,000 VAT TBC For further information please contact: Jamie Lamond Tel: 020 7911 2123 Email: [email protected] Laura Gordon Tel: 020 7911 2278 Email: [email protected] Adam Hosking Tel: 020 8315 5454 Email: [email protected] Property Ref avisonyoung.co.uk/15190 acorncommercial.co.uk Avison Young 65 Gresham Street, London, EC2V 7NQ Avison Young is the trading name of GVA Grimley Limited. © 2019 GVA Grimley Limited Avison Young hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors (3) No person in the employment of Avison Young, or any joint agents, has any authority to make or give any lessors of this property whose agent Avison Young is )in this brochure is provided on the following conditions: representation or warranty whatsoever in relation to the property or properties in this brochure. (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do (4) All prices quoted are exclusive of VAT. not constitute an offer or contract, or part of an offer or contract. (5) Avison Young shall have no liability whatsoever in relation to any documents contained within the brochure or any (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and elements of the brochure which were prepared solely by third parties, and not by Avison Young. occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise. .
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