An opportunity to acquire a freehold development site which benefits from planning permission for the demolition of the existing dwellings, and the erection of a 3 storey block comprising 9 two bedroom apartments. The site measures approximately 0.25 acres, is currently occupied by two detached residential dwellings and is situated in a prominent corner position on Bexley Road in Northumberland Heath.
The proposed scheme not only offers well-designed two bedroom units, but also 1:1 parking and ample outside amenity space. Northumberland Heath is becoming increasingly sought-after, but there’s certainly still room for significant growth in values. We are confident the scheme will suit developers looking to sell the finished units with ‘help to buy’, but also to investors for long term retention. Development sites with consent for new build flats in the area aren’t readily available, so don’t miss out; we don’t envisage this being on the market for long!