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Oldridge Road Balham London SW12
Sold

7 beds | 5 baths | 5 receptions | £1,399,950 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page


  • Of interest to Developers & Owner occupiers
  • Balham Freehold development opportunity with planning consent (Wandsworth 2017/3137)
  • Consented 5 unit residential new build scheme, to include 4 flats and 1 house.
  • Alternative schemes possible 'Grand design' new house ( subject to the usual consents)
  • Sold with vacant possession.
  • Excellent popular family location close to local schools & transport links

A rare freehold new build development opportunity with planning consent in Balham. This recently approved residential scheme is to allow for five units to include four flats to the front of the property and a two storey house to the rear. Alternative schemes could be considered and this could well appeal to someone looking to build a one off, new build contemporary house.There is also a side access from Pickets St. The property is to be sold with full vacant possession and is ideally located between Balham and Clapham south in a popular residential location.

The  existing  building comprises  on the ground floor of a  reception, office along with workshop and MOT garage area,  totalling  2,190 sq. ft ( 203.4 m2) Above this is a spacious 2 bedroom flat of 731 sq. ft ( 67.9 m2)  Total existing approximate gross internal area  of  2,921 sq. ft  (271.36 m2) see floor plans.



The new build consented scheme  Wandsworth  2017/3137 schedule of  proposed accommodation is as follows;

AREAS (GIA) Front Building



Flat 1 - Ground Floor - 1Bed / 1p Studio - 44sqm (474sqft)



Flat 2 - First Floor - 2Bed / 3p - 61sqm (656sqft)



Flat 3 - Second Floor - 2Bed / 3p - 61sqm (656sqft)



Flat 4 - Third Floor - 1Bed / 2p - 50sqm (538sqft)



TOTAL - 216sqm (2325sqft)



Rear  1 - 2 bed House

Basement - 44sqm

Ground - 39sqm



TOTAL - 83sqm (893sqft)



OVERALL TOTAL - 299sqm (3,218sqft)



CIL £32k



As the council have now accepted a  change of use to residential for the 2017 scheme, this property could well be considered ripe for development as a one off single dwelling 'Grand Design style 'home subject to the usual planning  consents. This would  allow a purchaser to build  their own bespoke property either a single house or perhaps for someone  who wants a studio to work from home or  looking to co- live with an older  family member.



 



 



 



 



 



 



 



 



 


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Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

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