House in city London
1518.00 sq.m., 14 bedrooms

€ 2 010 238

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UK. London. The investment project for the construction of the house.
WestWood Park, London.
Freehold
Investment project - construction of 7-unit building.
Project cost: £1 550 754 2 010 or 538 euros.
Investment: £2 642 800 or 3 028 384 euros.
The net profit is £370 or 674 772 760 euros.
Net profit %: from 25.52%
The site is located on a residential street with Victorian villas in the conservation area of Westwood Park.
Located to the North-East of the Horniman Gardens, near the junction with Honor Oak Road from the South ring road.
Forest Hill station (overground and East London line) lies approximately 600 m to the South-East. Journey time to London bridge is about 14 minutes.
Currently, there is a two-storey building from the 1950s with a built-in garage.
Proposal demolition of existing buildings and construction of a new 5-storey building with 7 apartments with total area of 4,980 SQ FT or 1 517,9 sq. m.
The design is meant to recreate the original Victorian fork that was previously on the site, that would restore a couple of houses 14 and 16 on Westwood Park.
Full building permit was issued for demolition of existing building and construction of a new 5-storey building (5 – two bedroom apartment, 1 – bedroom apartment, 1 three bedroom apartment). Along with the changes in the garden included 7 Bicycle seats, Parking place.

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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