Block of flats for sale

Bellegrove Road, Welling (Town Centre), London DA16

Introducing to the market is this newly developed unbroken mixed Freehold dwelling with opportunity for future value add by way of additional residential units and increased massing, subject to planning consents. Comprises of 7x apartments plus Class [E] commercial at ground, occupied by Novo Gym.

Bullet points:
• Currently fully occupied and income producing.
• Potential for future value add by way of additional units, subject to the usual planning consents.
• 8-minute walk to Welling Station.
• Less than 45 mins to City of London via Southeastern & Elizabeth Line connections.
• Less than 30 mins to London Bridge via Southeastern connection.
• Representing a low capital value of £295 psf., blended across total internal area.

For a brochure, please contact the agent.
Viewings are available by appointment only.

Description:
The property comprises an extensive double frontage commercial unit and residential upperparts, totalling 7x apartments, arranged over 3 storeys. The recently constructed flats are each held on separate title, with NHBC guarantees. The property occupies a site of 0.15 acres, with potential for further future value add by way of additional units, subject to obtaining the necessary planning consents.

Location:
The subject property is located on the north side of Bellegrove Road at the junction with Hook Lane. Welling station is an 8-min walk from the property, providing efficient transport connections to London Bridge (under 30 mins) and The City (45 mins) via Southeastern and Elizabeth Line connections. This makes the location a popular commuter belt location with strong residential rents achievable.

Disclaimer:
Our attempt is to provide properties descriptions to our best of knowledge including the pictures and floor plans. Floor plans may not be available for each particular property. However, if you are unsure for any reasons then we should be glad to assist you with your queries. So please feel free to contact our office at any time.