Worst House on the Street Logo
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 1
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 2
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 3
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 4
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 5
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 6
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 7
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 8
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 9
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 10
Former Brockley Social Club, 240-242 Brockley Road, Brockley, London - Image 11

Former Brockley Social Club, 240-242 Brockley Road, Brockley, London

London

£1,500,000
Listed on 07/03/2026

Property Details

Bedrooms
N/A
Type
Residential Development
Area
5227 sqft

Description

This freehold development site is situated in the bustling area of Brockley, SE4, offering a significant investment opportunity with planning permission granted for 14 private flats. The site spans approximately 0.12 acres and currently features a substantial c.4,000 sqft building that was previously utilized as a social club across two floors. Acquired on the corner of Brockley Road (B218) and Foxberry Road, it boasts excellent accessibility to Brockley Station as well as proximity to local amenities including shops, schools, and green spaces. Although the sale will be made with vacant possession, please note that the buyer will need to assume responsibility for the existing planning status without any assigned planning documentation or signed Section 106 agreement. This may necessitate a new application but given the previous committee's resolution to grant, achieving final consent should be relatively straightforward.

Investment Analysis

(SE4 area)

Below Market Value

This property is priced -57.9% below area average per sq ft

-57.9%
Potential saving
This Property
£287/sq ft
Area Average
£682/sq ft
Avg Rent (weekly)
£448
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
Target Value
£3,921,295
10% above area average per sq ft
Potential ROI
+70.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SE4)

Area prices are stable by +1.2% over the last 12 months
3 year growth: +5.0%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on SE4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Former Brockley Social Club, 240-242 Brockley Road, Brockley, London
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£5,410
Based on a loan of £1,125,000 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Price History

-6.3% since listed
£1,500,000£100,000(-6.3%)
18/03/2026
Current price
£1,600,000Initial listing
06/03/2026

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Finance for Buy-to-Let, Bridging & Development