No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£1,550,000
Added > 14 days

Residential development for sale

86 London Road, Lewisham, London, SE23
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Residential development
0 bed
0 bath
3,122 sq ft / 290 sq m

Property description & features

  • Tenure: Freehold
  • Property Type Residential Investment
  • Size 3,122 sqft / 290.4 sqm
  • Existing Use C3 Dwelling Houses
  • Tenure Freehold
  • Tenanted Yes
  • EPC Rating D/E
The property is a four-storey semi-detached building internally altered to form five self-contained flats situated on a large corner plot.  The five flats comprises of 1 x 3 bed, 2 x 2 bed, 2 x 1 bed along with a large communal garden. We believe the garden maybe viable for further planning opportunities (Subject to relevant consents).

The flats are all tenanted and are on short-term tenancies. The property currently generates an income of £63,900 per annum and we believe based on local comparable searches that the flats maybe under-rented.  The property can be sold with vacant possession.

The property is situated in the London Borough of Lewisham.  It is a short walk from the Forest Hill Train station (0.3 miles). This station provides direct access to London Bridge in 20 minutes. In addition, the local High Street is a short walk away with plenty of amenities nearby including the Horiman Museum and Dulwich Park.

The A205 is situated directly outside the property which offers direct access into Richmond and Greenwich. The A23 runs on the western part of the property which which offers direct access into Surrey and Central London. There are multiple bus routes nearby including the 176 which offer connectivity to the rest of South London.

Gatwick Airport is 60 minutes drive and is accessible via the M23. Heathrow Airport is 65 minutes drive away and is accessible via M4.  

Property information from this agent

Places of interest

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    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 6, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.