Approved planning and strong resale potential for a small urban infill scheme.
Full planning granted for 2 x 3-bed semi-detached houses
Freehold development plot with access via Egerton Drive
Guide price £695,000 with GDV resale c. £1.85m
Estimated CIL c. £31,500; S106 contribution awaiting confirmation
Vacant, overgrown rectangular plot with small-to-medium gardens
Inner-city location: Zone 2, close to Greenwich and Deptford stations
Limited plot footprint — suitable for infill, not large-scale redevelopment
Local crime levels above average — factor into specification and marketing
A rare freehold development plot located to the rear of Blackheath Road in Greenwich, offered with full planning consent to build two 3-bedroom semi-detached houses with access off Egerton Drive. The site sits in an inner-city, densely built residential area in Zone 2, close to Greenwich and Deptford stations, and has a GDV for resale of c. £1.85m, presenting clear uplift potential against the guide price of £695,000.
The plot is currently vacant and overgrown, with defined boundaries and a small-to-medium garden area appropriate for urban family homes. Known costs include an estimated CIL of c. £31,500; S106 contributions are awaited and should be confirmed before exchange. The freehold nature and approved planning reduce entitlement risk and shorten delivery timelines for a small infill scheme.
Buyers should note material considerations: the site footprint is limited, suitable for infill rather than larger redevelopment; the surrounding area records higher crime levels than average; and there are limited long-range views owing to the dense terrace context. These factors affect both build specification and marketing strategy, but the location in sought-after Greenwich and excellent transport links support strong demand for completed homes.
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