233A Broadway, Bexleyheath, Kent

A rare residential investment and development opportunity comprising a self-contained 2-bedroom first-floor flat, together with the benefit of planning permission for an airspace development creating 6 additional studio flats.

The first-floor flat comprises a 2-bedroom, 4-person self-contained residential unit, extending to approximately 753 sq ft (69.96 sq m) internally. The flat is offered with full vacant possession on a new 999 year leasehold, providing a purchaser with immediate flexibility to occupy, retain as an investment or pursue the development opportunity.

The property benefits from planning permission for the vertical extension of the building to create 6 additional residential studio units. The consent provides an exciting opportunity to add significant residential accommodation through the development of the existing airspace.

A ground investigation has been undertaken by a qualified surveyor, which confirms that the existing foundation arrangement is capable of supporting the additional storeys without the requirement for underpinning, new/deeper foundations or other below-ground works, subject to final structural design and calculations.

The sale therefore offers the opportunity to acquire the 999-year leasehold interest in the existing first-floor flat, together with the benefit of the airspace planning consent for 6 additional studio flats.