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- The property is currently a detached single storey house built in the 1960’s.
- Planning permission has been granted by Lambeth Council for the “….demolition of existing 2 storey dwelling and erection of 3 storey building with basement and front lightwell to provide 4 residential units”.
- The proposed scheme will comprise 1 x 1 bed, 2 x 2 bed and 1 x 3 bed with a total proposed NIA of 2,809 sq ft.
- The proposed GIA of the scheme is 3,274 sq ft.
- A CIL payment is payable of £37,755.
- There are no financial obligations required under the S106 agreement, however the development is designated as “car-free”.
- Pre-commencement planning conditions have been discharged.
- The house is currently let on an AST until 28th November 2022, however this can be determined by either party on two months written notice.
- Guide Price - £1,200,000 (One Million, Two Hundred Thousand Pounds) subject to contract.