Published: 06/11/2023 By The Development Group

A freehold residential development opportunity for 2 x apartments and 2 x townhouses


  • A rarely available residential development opportunity for the erection of 2 x 4 bed townhouses together with 2 x large 1-bedroom apartments.

  • Planning reference: 23/01188/FUL – Lambeth Council.

  • The property is ideally situated on Lambeth Road being within a 2 minute walk to Lambeth North underground and 5 minute walk to Waterloo Mainline and Underground station.

  • The existing property comprises a vacant double fronted plot facing Lambeth Road and extending back to face the spire of the Perspective Building. The plot extends in total area to approximately 0.07 acres. We are advised that there are no structures on the plot and it is bare land ready for development.

  • We are advised that there will be a CIL liability of £250,459 however advise all purchasers to satisfy themselves around this prior to submitting any offer.

  • The property is available freehold.

  • Guide price: £1,900,000+