Development opportunity near Forest Hill station with private garden.
Chain-free freehold ground-floor unit, approx. 1,054 sqft
Guide price £225,000–£250,000. A rare chain-free, freehold ground-floor commercial unit totalling about 1,054 sqft with its own private garden, offered as a blank canvas for investors or a developer-led conversion. The property sits on Sunderland Road, moments from Forest Hill station and the town centre’s shops, cafés and amenities.
The space is wide and versatile with a prominent street frontage and a basement. Three neighbouring parade units were converted to residences, demonstrating local precedent for change-of-use. The freehold for this part of the block is included, simplifying title arrangements for a purchaser seeking redevelopment.
The property requires significant work: internal finishes are unfinished, the basement shows damp and mould, and services/lighting are exposed. Buyers should budget for structural, damp remediation, full refurbishment and planning costs if pursuing residential conversion. EPC is to be confirmed.
For an investor or developer comfortable with refurbishment, the combination of size, garden and freehold title in a highly connected SE23 location offers strong potential. Immediate rental use as commercial premises is possible, but greatest value likely comes from creating a modern residential unit (subject to consents).
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