Despite rising build and borrowing costs, residential development sites continue to prove popular, and particularly those in quality, sustainable locations. This rather non-descript parcel of backland is just a hundred yards or so from East Dulwich Station and has planning permission for the construction of a block of four new apartments. Sales values are strong in the area, and our local branch expects a GDV a little over £2M. We were able to generate several offers from local developers, and promptly concluded a sale of the vacant freehold interest at £825,000.
We're always keen to speak to anyone with a consented development site to sell, so please get in touch if that's you!
PROJECT ADDRESS: 6 Vale End, East Dulwich, London SE22 8EG
Adam Miles
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