This rare development opportunity comprises a freehold site with planning consent for a contemporary 5-storey residential building. The approved scheme provides for 9 high-quality private apartments designed to meet the growing demand for modern housing in one of South London’s most dynamic and desirable locations. The proposed development totals approximately 523 sqm NIA, offering a well-balanced unit mix of studio, 1-bed, and 2-bed apartments. The scheme will benefit from strong local demand from both first-time buyers and investors, supported by Peckham’s excellent connectivity and thriving local amenities.
Location
The property is situated on Gordon Road SE15, a popular residential street within easy reach of both Nunhead and Peckham Rye Stations, providing fast and frequent rail services into Central London and beyond. The area has undergone significant regeneration in recent years, with Peckham Rye now firmly established as one of London’s most vibrant neighbourhoods. It offers a wide range of independent shops, cafés, restaurants, and cultural destinations, making it highly attractive to young professionals, families, and investors alike. Nearby green spaces include Peckham Rye Park & Common, providing excellent leisure and recreational opportunities.
Accommodation
Accommodation Schedule - See attached brochure for more information.
Unit 1 Ground Floor - 0 beds - 1 bath - Studio Flat- 37 sq m (394 sq ft)
Unit 2 Ground Floor - 2 beds - 1 bath - Apartment - 65 sq m (701 sq ft)
Unit 3 First Floor - 2 beds - 1 bath - Apartment - 61 sq m (657 sq ft)
Unit 4 First Floor - 2 beds - 1 bath - Apartment - 63 sq m (677 sq ft)
Unit 5 Second Floor - 2 beds - 1 bath - Apartment - 61 sq m (657 sq ft)
Unit 6 Second Floor - 2 beds - 1 bath - Apartment - 63 sq m (677 sq ft)
Unit 7 Third Floor - 2 beds - 2 bath - Apartment - 61 sq m (657 sq ft)
Unit 8 Third Floor - 2 beds - 1 bath - Apartment - 63 sq m (677 sq ft)
Unit 9 Fourth Floor - 1 beds - 1 bath - Apartment - 50 sq m (538 sq ft)
Total - 523 sq m (5,633 sq ft)
Terms
Planning - Planning consent has been approved by Southwark Council (Ref: 24/AP/2501) for the following:
- Demolition of the existing single-storey building
- Construction of a new 5-storey building
- Provision of 9 self-contained flats comprising:
- - 1 x Studio
- - 1 x 1-Bed Flat
- - 7 x 2-Bed Flats
- Inclusion of private and communal external amenity space
- Cycle storage facilities
- CIL - £238,56 9
Tenancies - The freehold interest is offered for sale with the benefit of full planning permission.
VAT - VAT not applicable
Proposal - The seller is seeking offers in excess of £1,500,000.
Specification
- Freehold development site in Peckham, SE15
- Planning permission approved for demolition of existing single storey building and erection of a 5-storey building
- Consent for 9 private residential units: 1 x Studio 1 x 1-Bed Flat 7 x 2-Bed Flats
- Total Net Internal Area (NIA): 523 sqm (5,633 sq ft)
- Located within walking distance of Nunhead and Peckham Rye Stations
- Situated close to Peckham Rye High Street with an eclectic mix of shops, bars, restaurants, and cultural amenities
- Seller seeking offers in excess of £1,500,000
- CIL - £238,569