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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

London

£1,500,000
Listed on 01/05/2026

Property Details

Bedrooms
N/A
Type
Residential Development
Area
5227 sqft

Description

This freehold development site presents a significant opportunity in the bustling area of Brockley, SE4. Currently home to a substantial 4,000 sqft building spread over two levels, which once served as a social club, the site has recently received a resolution for planning permission to develop 14 private flats. The approval from Lewisham on April 22, 2025, is subject to the finalization of a Section 106 agreement. While this agreement is not included with the sale, acquiring the site grants potential buyers the chance to navigate their own planning strategy moving forward. Positioned at the prominent intersection of Brockley Road and Foxberry Road, this location benefits from proximity to local amenities including shops, schools, parks, and Brockley Station. The freehold property will be sold with vacant possession upon completion. Given its central location and development potential, this site is ideal for investors looking to capitalize on an in-demand residential market in London.

Investment Analysis

(SE4 area)

Below Market Value

This property is priced -58.2% below area average per sq ft

-58.2%
Potential saving
This Property
£287/sq ft
Area Average
£686/sq ft
Avg Rent (weekly)
£526
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£3,946,019
10% above area average per sq ft
Potential ROI
+107.7%
After renovation
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
11%
Properties sold annually

Local Market Trend (SE4)

Area prices are rising by +2.6% over the last 12 months
3 year growth: +4.4%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£5,351
Based on a loan of £1,125,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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