Freehold Airspace Development Opportunity

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A freehold airspace development opportunity with planning permission granted for the construction of an additional floor to create 1 x 2-bedroom penthouse apartment extending to approximately 746sqft offering panoramic views across Brockley and towards the city.

The property is located on Brockley Road and is approximately 3 minutes walk to Brockley Overground Station.

The freehold comprises Rivoli Court a newly developed block of 6 high quality apartments. The 6 apartments have all been sold on long leases at a peppercorn ground rent.

We have not been advised of the exact CIL liability, however based on the 2020 local CIL rates the vendor estimates the liability to be in the region of £10,000. We advise all potential purchasers to satisfy themselves around this point prior to submitting any offers.

The property is available freehold.

We are advised the the property is not elected for VAT.

Offers in excess of £160,000