High-yield redevelopment close to Slade Green station for enterprising developers.
Planning consent for 44 private apartments, mix: 14x3, 20x2, 10x1
Stage 4 construction pack provided by vendor (structural, M&E, fire)
22 pavement-level parking spaces; basement car park removed by s.73
Approximately 4-minute walk to Slade Green station; Elizabeth line access nearby
CIL and contributions c. £486,270 (CIL £372,270; NHS £100,000; Carbon offset £14,000)
Site is derelict; requires remediation and redevelopment works
Mains disconnected; water and electrical work supply installed only
Commercial stamp duty may apply; SPV purchase possible to mitigate
This large corner plot in Slade Green Road offers consented development for 44 private apartments across a four-storey scheme (14 x 3-bed, 20 x 2-bed, 10 x 1-bed). Planning permissions (Refs: 23/01307/FULM and 25/00147/FULM) are granted subject to a Section 106 agreement; the basement car park removal by s.73 has also been approved. The scheme includes 22 pavement-level parking spaces and is close to Slade Green station (about a 4-minute walk) with fast links to Abbey Wood and the Elizabeth line.
A Stage 4 construction pack — including structural engineering, M&E and fire compliance drawings — will be provided by the vendor (cost borne by vendor, c. £200,000) which could allow construction to begin within approximately three months of purchase. The site is to be sold freehold with vacant possession; VAT will not be charged.
Buyers should note material obligations and site works required: CIL and planning contributions total c. £486,270 (CIL £372,270; NHS £100,000; Carbon offset £14,000), the site is derelict and will need remediation and reconnection of mains services (water and electric work supply currently installed). Commercial stamp duty treatment may apply unless purchased via an SPV. The planning permissions remain subject to completion of the S106 agreement and any purchaser due diligence.
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