498-500 Abbey Road, Abbey Wood SE2 9HA

Key Details

Status
Recent Transactions
Type
Development

Overview

Existing Site 

  • Freehold interest extends 0.49 acres / 21,344sqft 
  • Site was previously occupied by the Harrow Inn Public House (SGL616611) and neighbouring retail units (K20759)
  • Previous buildings in-situ were demolished in 2018, leaving a cleared site 

Residential Development

  • Planing history includes a residential-led scheme that achieved resolution to grant PP from LPA (LB of Bexley)
  • Scheme proposed a ‘3-10 storey building delivering 66 x apartments, with 230sqm of commercial space
  • Potential for further increase in density (STPP)
  • Site likely to appeal to SME developers to procure and deliver a similar scheme

Alternative Uses

  • Site will appeal to other living uses, including co-living, student and hotel schemes (STPP)

Site sold to residential developer on an unconditional basis for £3,200,000. 

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