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Trellows Investments

Call +44(0)330 2236988
[email protected]

Development Opportunity – Brixton Hill, London, SW2

    • Off market
    • Freehold
    • SPV sale
    • Site circa 10,000 sq.ft
    • Situated within 0.5 miles of Streatham Hill mainline railway station with a regular service to both London Bridge and London Victoria stations
    • Brixton Underground station 1.3 miles away
    • Similar distance to local shops
    • The proposition is receiving support in principle by the Local Authorities due to the nature of the site
    • The proposal has two connected buildings – one 7 storey and the other is 9 storey although the planners are concerned about the 9 storey area so options as follows:

     

    • Option 1 – 7 storey plus 9 storey
      • 27 x 2 Bed Apartments @ £700k each (conservative price) £18.9 million
      • 13 x 1 Bed Apartments @ £550k each (conservative price) £7.15 million
      • 450m² Retail / Commercial space £2.5 million
      • Total GDV £28.55 million.

     

    • Option 2 – 7 storey plus 7 storey
      • 23 x 2 Bed Apartments @ £700k each (conservative price) £16.1 million
      • 11 x 1 Bed Apartments @ £550k each (conservative price) £6.05 million
      • 450m² Retail / Commercial space £2.5 million
      • Total GDV £24.65 million.
    • Potential for Ground Floor to be commercial and a small gym
    • Potential for a roof garden and residents’ bar
    • Potential to discuss provisional social housing which, it is believed, would be negotiable

    Selling price £5m.

    We will require a buy side fee

    Where we act as a seller’s mandate, we represent the vendors. Our clients wishing to sell their property off-market benefit from impartial advice and a personalised service tailored to their requirements and circumstances. More importantly, we offer sellers unparalleled access to qualified buyers and we ensure that we address the right audience.

    In order to achieve the best possible sales result, your property is presented to individual and corporate purchasers, whose buying behaviour and buying power can be backed by a Letter of Intent (LOI) and Proof of Funds (POF). We will provide vendors with professional support throughout the entire process and beyond, including RICS valuations, coordinating viewings, assessing incoming offers, and protecting your interests during sales negotiations.
    For further information, luxury property, off-market, off-plan, developments or investments, marketing or help finding your next property please contact us anytime.

    Office: +44(0)330 2236988
    [email protected]
    investments.trellows.com

    #investments #developments #residentialdevelopments #residentialinvestments #trellows #trellowsinvestments

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