Summary - 302, NEW CROSS ROAD, LONDON SE14 6AF
1 bed 1 bath Office
**Standout Features:**
- Freehold ownership of a prominent mixed-use site
- Six traditional Victorian terrace buildings
- Substantial redevelopment potential with plans for 19 residential units
- Prime location in vibrant New Cross, South London
- Excellent transport links and strong local amenities
- Currently vacant, presenting an opportunity for immediate improvement
- Positive pre-application for mixed-use development
**Overview:**
A rare investment opportunity awaits at 302-314 New Cross Road, a substantial freehold site featuring six historic Victorian terrace buildings, ideally positioned in one of South London's most dynamic neighborhoods. This prime corner location benefits from significant foot traffic and exposure, making it perfect for a residential-led mixed-use redevelopment. With already secured plans for 19 residential units on the upper floors and newly refurbished ground floor retail space, this property provides an exciting avenue for value creation and urban regeneration.
While the buildings are currently vacant, except for one operational bookshop, they reflect unique architectural charm and notable space, capturing the essence of community and potential. The area thrives with local amenities, cultural hotspots, and excellent transport connections to central London, attracting young professionals and students alike. Despite some local crime concerns, the bustling neighborhood is rapidly developing—hence presenting a timely opportunity for savvy investors.
Seize the chance to obtain this expansive 15,375 sq ft site at an asking price of £3,000,000, reflecting an attractive capital value of only £195 per sq ft. Whether you are looking to establish yourself in the thriving London market or expand your portfolio with a robust redevelopment project, this property holds immense opportunity for both immediate and long-term returns. Don’t miss the opportunity to be part of New Cross’s enduring evolution.
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