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133 Upper Brockley Road, London, SE4 1TF - Image 1
133 Upper Brockley Road, London, SE4 1TF - Image 2

133 Upper Brockley Road, London, SE4 1TF

London

£150,000
Listed on 09/10/2024

Property Details

Bedrooms
N/A
Type
Detached house

Description

This freehold, vacant plot offers a unique opportunity for renovation and investment in a desirable area of Brockley. Spanning approximately 500 square feet, the land is situated in a location known for its vibrant community and convenient amenities. The site has received planning permission (DC/20/116638) as of June 17, 2020, for the construction of a single-storey building intended for use as an art and design studio. This existing approval provides a solid foundation for immediate development while also opening up potential avenues for alternative uses, such as residential options or lockup storage facilities. Additionally, there is an opportunity to expand the project by exploring the acquisition of adjacent garages, which could further enhance development prospects subject to necessary planning approvals. This flexibility allows an investor or developer to consider various innovative concepts that align with local demand. With no service charge applicable and rates to be confirmed, this plot presents a blank canvas ready for creative ideas. Viewings are strictly by appointment, allowing interested parties to assess the potential firsthand.

Investment Analysis

(SE4 area)
Area Average
£684/sq ft
Avg Rent (weekly)
£438
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SE4)

Area prices are rising by +6.8% over the last 12 months
3 year growth: 7.4%
5 year growth: 10.1%
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

133 Upper Brockley Road, London, SE4 1TF
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE