Summary - 78a Blackheath Hill, LONDON SE10 8AD
1 bed 1 bath Residential Development
Nine-unit new-build opportunity close to transport and confirmed local demand.
- Cleared 0.08-acre freehold site with planning for 9 two-bed apartments
- Proposed NIA approx. 647 sqm (6,964 sqft); GIA approx. 876.5 sqm
- Piling already completed by the seller (information available on request)
- Outstanding CIL & S106 liability of £168,674 to be paid by purchaser
- 12–15 minute walk to Elverson Road and Greenwich stations
- Limited private garden; small communal landscaping only
- Located on Blackheath/Lewisham border with strong local demand signals
- Build, fit-out and sales costs still required to deliver completed units
A cleared 0.08-acre freehold site with planning consent for nine two-bedroom apartments, already piled and ready to progress. The proposed scheme offers approximately 647 sqm NIA (6,964 sqft) and 876.5 sqm GIA (9,434 sqft), suited to a mid-rise brick-clad building that complements the Blackheath/Lewisham border context.
The location suits investor buyers seeking new-build city living: Elverson Road station is a 12-minute walk and Greenwich station about 15 minutes away, with fast broadband, excellent mobile signal and low local crime. An adjacent development has exchanged on more than half its private units, which supports local demand and saleability for comparable product.
Key transactional considerations are explicit: the outstanding CIL and S106 liability of £168,674 and the requirement to complete the full build programme (contractor procurement, fit-out and sales). Private external space is limited to small communal landscaping rather than large gardens, so the scheme will appeal more to professionals and investors than to buyers seeking private family gardens.
This opportunity is effectively a ready-to-go small urban development: planning and piling are done, location fundamentals are strong, and the scheme size makes it manageable for specialist developers or investor-builders prepared to fund construction and sales costs. Budgeting for the CIL/S106 and build costs is essential to assess final returns.
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