Near-ready consent for nine homes with strong transport links and mixed-use potential.
Freehold 0.10-acre former nursery site
A compact freehold development opportunity positioned on Deptford Broadway with consent for nine new homes (eight apartments and one house). The site extends to approximately 0.10 acres with a consented Net Internal Area of c.573.7 sqm (6,175 sqft). Excellent public transport access (PTAL 6a) supports strong rental demand and city-commuter appeal.
Planning permission is already granted, including two non-material amendments (Section 73 & 96A) to improve internal layouts, reducing delivery risk for a developer or investor. The ground floor commercial frontage offers potential for mixed income streams alongside the residential accommodation. The scheme is car-free with 20 cycle spaces; on-street parking only.
Buyers should factor in the development costs and obligations: an estimated CIL liability of c.£61,000, implementation of the approved consent, and build completion costs. The site sits in a very deprived area with a high local crime rate—these are material considerations for resident demand, management costs and lettings strategy.
This is a value-led opportunity for a developer or investor seeking a near-ready scheme in a well-connected inner-London location. A prudent purchaser will budget for construction, security and active asset management to realise rental or sales value in this busy town-centre location.
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