Auction sale offering redevelopment opportunity near Belvedere station.
Freehold land approx. 250 sqm (2,690 sq ft) with vacant possession
A freehold parcel of land circa 250 sqm (2,690 sq ft) offered with vacant possession and sold at public auction on 23 October. The site includes a fire-damaged former two‑storey mid‑terrace building providing clear scope for refurbishment or full redevelopment, subject to planning and building consents.
Positioned on Gilbert Road (A123) within a mixed commercial and residential corridor, the plot benefits from steady footfall, excellent public transport links (Belvedere station and multiple bus routes) and good road access to the A2/M25. Broadband and mobile signals are strong, supporting commercial or residential reuse.
Key value drivers are the freehold tenure, substantial overall size for the area, vacant possession and visible redevelopment potential for investors or developers. Buyers should allow for remedial works following fire damage, necessary planning consents, and the property’s location in a deprived area with above‑average crime rates.
This lot suits experienced investors or developers prepared to manage refurbishment, demolition and a planning process; it is not presented as a ready-to-let or immediate-occupancy asset.
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