St. Michaels, Bromley

Under Offer
£1,600,000
  • Ref: 1000_RS0678
  • Type: Land
  • Availability: Under Offer
  • Bedrooms: 10
  • Bathrooms: 10
  • Reception Rooms: 10
  • Tenure: Freehold
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Property Summary

Development Opportunity in Bromley - £1.6 Million
Discover an exciting development opportunity in the heart of Bromley, available for £1.6 million. This promising project includes the construction of 8 contemporary flats, offering a diverse range of living options

Full Details

Development Opportunity in Bromley - £1.6 Million
Discover an exciting development opportunity in the heart of Bromley, available for £1.6 million. This promising project includes the construction of 8 contemporary flats, offering a diverse range of living options, with 5 two-bedroom units, 2 one-bedroom units, and 1 spacious three-bedroom unit.
The Gross Development Value (GDV) for this venture is estimated at an impressive £4.3 million, reflecting the significant potential for profit. Planning permission has already been granted for a ground-up build, streamlining the development process. To facilitate this transformation, there is an existing dwelling on the site that requires demolition, ensuring a clean slate for your construction vision.
Situated in Bromley, a desirable location known for its amenities, excellent transport links, and vibrant community, this development opportunity is an attractive proposition for astute property investors and developers. Don't miss the chance to shape this blank canvas into a lucrative residential venture.
CGI Not Actual Representation

The Site is contains a large 2-storey, single- family house within large landscaped
gardens.
The house is centrally located within an
irregularly shaped site that widens centrally along its western boundary with St Georges Church.
The house is positioned to align with the
established "frontage line" at Bickley Park Road.
The topography of the site is mainly level. Landscape is concentrated along the Site's perimeters.
Access to the site is exclusively from Bickley Park Road.
The existing buildings and support areas are to be demolished.
The existing fronting brick wall and piers and existing site entry are to be retained.
Existing mature trees at the site frontage and sides are to be protected and retained.

Tenure: Freehold