Nuxley Road, DA17 5JN

Property Details: • Type: Land • Tenure: N/A • Floor Area: N/A

Key Features: • VACANT FREEHOLD • DEVELOPMENT POTENTIAL FOR MIXED-USE SCHEME • PREVIOUS PLANNING APPROVAL • 6,586 SQ. FT PLOT

Location: • Nearest Station: Belvedere Station • Distance to Station: 0.8 miles

Agent Information: • Address: 148 Station Road, Sidcup, DA15 7AB

Full Description: Prime Commercial Property in Belvedere with Huge Residential Development PotentialAre you looking for a lucrative investment opportunity? Look no further, as Kallars present to you a prime vacant property in the heart of Belvedere, offering great residential development potential. This exceptional vacant freehold property spans an impressive 6,586 square feet, making it an ideal prospect for developers or investors seeking to transform the space into a profitable residential development.Situated in the bustling area of Belvedere, this property is conveniently close to various amenities, public transportation, and major road networks, allowing for easy access to central London and surrounding areas. Its excellent location makes it highly attractive to potential residents, providing a fantastic opportunity to create sought-after homes.One of the key features of this property is the previous planning approval it has already received, granting permission for the erection of a ground floor rear extension, first floor side extension and provision of second floor to create 3 x 2 bedroom flats and 3 x 1 bedroom flats. Retention of ground floor commercial unit use class (E). - This ensures a smoother application process for potential investors, reducing both time and costs. With the current shortage of housing in the UK, investing in residential development projects has become an incredibly lucrative venture, making this property a goldmine for smart investors.The vast 6,586 sq. ft. of space allows for creative freedom, enabling developers to design and construct a variety of high-quality residential units. Whether you plan to convert into modern apartments, retain the commercial property for a healthy annual income or simply demolish the existing building and erect a block of flats, the possibilities are endless. With previous planning approval already in place, you can bypass the lengthy and uncertain planning process. This is a significant advantage, allowing you to focus on the development itself and bring it to market at a much faster rate. The potential return on investment is tremendous, given the current property market conditions and the demand for housing.Don't miss out on this rare opportunity to acquire a vacant freehold commercial property with in Belvedere. Contact Kallars Estate Agents today for more information. Agents NoteWe may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Kallars Property Agents Ltd. 2% (min. £15k) + vat fee applicable. AML DisclaimerPlease note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.