For Sale
On behalf of Joint Fixed Charge Receivers
Beltwood Park Residences
41 Sydenham Hill, London, SE26 6TH
A unique freehold investment opportunity comprising 5 luxury houses and 5 luxury apartments.
The estate previously benefitted from planning permission (Ref: PP: 17/AP/3070) in March 2018 for the change of use of Beltwood House (Grade II listed building) from C2 residential to provide 6 luxury apartments, demolition of curtilage outbuildings to be replaced with 3 residential houses and the creation of a new Gate house and 4 apartments within the site curtilage. All set within landscaped communal and private gardens and further benefiting from the provision of 21 car parking spaces for residents and visitors.
The scheme comprises 3 x Three Bedroom town houses, 1 x Four Bedroom detached houses, 1 x Two Bedroom detached house, 1 x One Bedroom apartment, 1 x Two Bedroom apartment, and 3 x Three Bedroom apartments, offering a total net saleable area of 1,412 sq. m. (15,208 sq.ft.).
7 of the units are currently let on Assured Shorthold Tenancy (AST’s) and produce a gross rental income of £417,000 per annum. The remaining 3 units are vacant.
We understand the estimated rental value once all units are let, to be in the region of £580,000 per annum.
Located only 500 metres (0.3 miles) from Sydenham Hill Railway Station (Southeastern Line).
