41 Peckham Road, Camberwell, London SE5 8UH

Published: 09/04/2024 By The Development Group

A freehold airspace development and ground rent investment opportunity

  • A freehold airspace development/ ground rent investment with the benefit of an implemented planning permission for the construction of an additional floor to create 3 apartments.

  • Planning reference: 20/AP/1951 - Southwark Council

  • The property is located on Peckham Road, approximately 0.9 miles from Peckham Rye Railway Station which provides direct services into London Bridge, London Victoria and London Blackfriars.

  • The existing property comprises a block of 9 apartments and a commercial unit on the ground floor let to Sainsbury's.

  • All 9 of the residential apartments and the ground floor commercial have been sold on long leases.

  • The freehold includes 9 ground rents producing £2,925 p/a.

  • The property is available freehold.

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

  • Offers in excess of: £400,000