Summary - HESPER HOUSE WELLS PARK ROAD LONDON SE26 6RQ
33 bed 20 bath Residential Development
Freehold development with consent for 15 apartments in desirable SE26 location..
Detailed planning for 15 private apartments (5x3-bed, 8x2-bed, 2x1-bed)
Six off-street parking spaces included in consent
S.73 application seeks to increase scheme to 17 units (undecided)
Planning granted February 2023; expires February 2026
Sold freehold by Joint Fixed Charge Receivers; no warranties
Existing dwelling remains; demolition required prior to build
Potential S106/CIL, contractor and demolition costs to assess
Good transport links, fast broadband, low crime, nearby parks
A rare freehold development opportunity in Upper Sydenham with detailed planning for 15 private apartments and six off-street parking spaces. Permission (granted Feb 2023) covers demolition of the existing detached building and construction of a five-storey plus lower ground block delivering 5 x 3-bed, 8 x 2-bed and 2 x 1-bed units. An undecided S.73 application seeks to increase the scheme to 17 units.
The site benefits from strong commuter links (Sydenham Hill and Sydenham stations nearby), fast broadband, low crime and proximity to parks, schools and local amenities — features that support both owner-occupier and lettings demand. Detailed consent materially reduces development risk compared with an unconsented plot and includes landscaping, cycle/refuse provision and six parking bays.
Important commercial considerations are clear: the sale is by Joint Fixed Charge Receivers (no warranties given), planning expires February 2026, and the S.73 variation remains undetermined. Buyers should confirm S106/CIL liabilities, unit schedule, gross-to-net yield and demolition/contractor allowances before bidding. The existing dwelling remains on site and demolition will be required prior to construction.
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