0.5 ACRE DEVELOPMENT OPPORTUNITY (SUBJECT TO THE … · 0.5 ACRE DEVELOPMENT OPPORTUNITY (SUBJECT TO THE NECESSARY CONSENTS) 28 AND 28A SYDENHAM HILL, LONDON SE26 6TP 28A SYDENHAM

0.5 ACRE DEVELOPMENT OPPORTUNITY (SUBJECT TO THE NECESSARY CONSENTS)28 AND 28A SYDENHAM HILL, LONDON SE26 6TP

28A SYDENHAM HILL 28 SYDENHAM HILL

2

Opportunity

28 & 28A SYDENHAM HILL LONDON SE26 6TP

Freehold development opportunity (STP)

with vacant possession in Greater

London borough of Lewisham

In the popular residential area of

Sydenham Hill

6 min walk to Sydenham Hill train station

Sydenham Hill train station (zone 3) -

10 minutes to Brixton and 15 minutes

to Victoria

Site area of circa 0.45 acres

(0.138 hectares)

The site comprises of two buildings, both

former care homes, and provide a total

GIA of 16,592 sq ft (1,541 sq m)

The site offers the potential for

conversion / extension (STP)

Our client is seeking offers in excess of

£4,000,000 (four million pounds) for its

freehold interest with vacant

possession, on an unconditional basis,

subject to contract and exclusive of VAT

28A SYDENHAM HILL 28 SYDENHAM HILL

33

Location Sydenham Hill is an affluent locality in

Lewisham, South East London and it also

forms the boundary between the London

Borough of Southwark, London Borough of

Bromley and London Borough of Lewisham.

It is approximately 6 miles from central

London (Zone 3).

Sydenham Hill is one of the highest points

in London and home to numerous open

green spaces. These include Sydenham

Wells Park (0.3 miles), Mayow Park (1.3

miles) and the 22 acre Sydenham Hill Wood

(0.2 miles) which also leads to the green

spaces of the Dulwich Estate, including the

Dulwich and Sydenham Hill Golf Club.

Crystal Palace Park is also within walking

distance of the site (0.7 miles) which is

home to the Crystal Palace Museum, the

Maze and the famous Crystal Palace

athletics stadium.

There are many local primary schools in the

area. Sydenham Junior School, located less

than a mile from the site (Ofsted rating:

Outstanding). In addition, Dulwich Wood

Primary (Ofsted rating: Good) and Kelvin

Grove Primary School (Ofsted rating: Good)

are in the vicinity. The 400 year old Dulwich

College boys school is within close proximity

as is the Sydenham School (secondary

school) and Sydenham Hill School

(secondary school).

TRANSPORT

.... PUBLIC TRANSPORT

... Sydenham Hill station is served by Thameslink

and South Eastern rail routes in and out of London.

Journey times to central London are approximately

15 minutes to London Victoria and the site is located in

Zone 3. The rail route also serves Brixton offering easy

access to the Underground network in circa 7 minutes

and there are typically four trains an hour.

Destination from Travel time 28 Sydenham Hill (approximately)

Brixton 7 minutes (train)

Victoria 15 minutes (train)

Oxford Circus 24 minutes (train and tube)

Bank 35 minutes (train and tube)

Canary Wharf 40 minutes (train and tube)

Dulwich Village 16 minutes (bus) .... 9 minutes (bicycle)

Sydenham 12 mins (bus) .... 6 mins (bicycle)

... ROAD

.... The South Circular is circa 0.7 miles to the north,

offering easy access to Greater London and the A23 is

circa 3.4 miles to the west which connects to the A232

(c. 6 miles) and the M25 (c. 14 miles), Surrey/Kent and

beyond. Gatwick Airport is easily accessed by car in

under an hour.

.... BUS

... Sydenham Hill also has bus routes 122, 202 and

450 which provide access to Crystal Palace, Sydenham,

Croydon and Penge.

A102

A102

A206

A206

A100

A2

A2

A2

A200

A20

A20A21

A21

B212

A1203

London CityLondon CityAirportAirport

London CityAirport

City of LondonCity of LondonCity of London

LewishamLewishamLewisham

New CrossNew CrossNew Cross

Herne HillHerne HillHerne Hill

BlackheathBlackheathBlackheath

DeptfordDeptfordDeptford

BermondseyBermondseyBermondsey

PeckhamPeckhamPeckham

DulwichDulwichDulwich

Dulwich Dulwich ParkPark

Dulwich Park

DocklandsDocklandsDocklands

GreenwichGreenwichGreenwich

LimehouseLimehouseLimehouse

ThamesThamesThames

A202

B218B238

A205

A21

A205

A215

A214

A212 A234

A2218

A23

A2218A2199

A2015

SYDENHAMSYDENHAMHILLHILL

SYDENHAMHILL

Crystal Palace Crystal Palace ParkPark

Crystal Palace Park


Sydenham HillSydenham HillSydenham Hill

WELLS PARK ROAD

A2199

DulwichDulwichCollegeCollegeDulwichCollege

Dulwich & Sydenham HillDulwich & Sydenham HillGolf CourseGolf Course

Dulwich & Sydenham HillGolf Course

SydenhamSydenhamWellsWellsParkPark

SydenhamWellsPark

To DulwichTo DulwichTo Dulwich

A205

A205

A234Crystal PalaceCrystal PalaceParkPark

Crystal PalacePark

Situation The property is situated on and fronts Sydenham Hill, which runs between

Forest Hill to the north east and Crystal Palace to the south west. Sydenham

Hill is set within a leafy residential neighbourhood. The well known gastropub,

the Wood House is close by, at the top of Crescent Wood Road, a short walk

from the property.

There is a pedestrian route which runs from Sydenham Hill station to the top of

Crescent Wood Road. It is a circa 6-minute walk from the property to

Sydenham Hill station. Other stations within walking distance of the property

are Sydenham station (circa 20-minute walk) south of the site and Forest Hill

station (circa 20-minute walk) north-east of the site.

Sydenham Road offers a wide range of local amenities including a Sainsbury’s

Local, Tesco Express, Lidl, a Post Office, several high street banks, cafes, a

pharmacy and petrol station. There is a large Sainsbury's supermarket and

petrol station in Lower Sydenham. To the north of Sydenham Hill and easily

accessible by bus/bicycle or car are the popular areas of West Dulwich and

Dulwich Village. Within Dulwich Village and West Dulwich there are many local

amenities including Gail’s Bakery, Pizza Express, Dulwich Picture Gallery and

the Dulwich Farmers’ Market.

Further amenities can be found on Wells Park Road and Kirkdale which lead

down to Sydenham centre.

4


5

Description The property comprises of two buildings on site. The smaller period

building to the front of the site is a direct result of the development

boom of the area in the 1850s and was built in circa 1855. It was

originally known as Highfield House and is a classic Victorian villa. It is

locally listed by Lewisham council.

The property is built of multicoloured stock brick with a hipped slate roof

with deep eaves soffit. It is set over three storeys plus basement and

has been converted to accommodate the elderly. The building consists

of 11 (9 en-suite) sheltered housing bedsit rooms and communal

rooms. There is a small garden to the front of the building and slightly

larger grass garden to the rear.

There is a second, larger purpose-built building to accommodate the

elderly to the rear of the plot. It is of modern brick construction with a

slate tiled roof. It is set over three storeys plus basement and is purpose

built to accommodate the elderly. The rear building consists of 25 care

bedrooms (2 en-suite), communal hallways and amenity areas. On the

ground floor there is a large kitchen and communal lounge area with

library/recreation area. There are several car parking spaces on the site.

Please note that the site is not in a conservation area.

Site Area The site provides an area of approximately 0.45 acres (0.183 hectares).

28 Sydenham Hill 28A Sydenham Hill


6

28

28A

PAVEMENT

PA

RK

ING

PAVEMENT

Accommodation The existing accommodation provides

the following approximate gross internal

floor areas:

Please see floor plans on pages 7 & 8.

28a Sydenham Hill sq ft sq m

Lower ground floor 3,443 320

Ground 3,846 357

First 3,623 337

Second 1,788 166

TOTAL 12,700 1,180 28 Sydenham Hill sq ft sq m

Lower ground floor 1,028 96

Ground floor 1,010 94

First floor 1,027 95

Second floor 827 77

TOTAL 3,892 362 TOTAL SQ FT OF BOTH 16,592 1,541 BUILDINGS


GROUND FLOOR 1010 SQ.FT.LOWER GROUND FLOOR 1028 SQ.FT.

4.50 x 3.85M

4.75 x 4.30M

2.40 x 2.25M

3.90 x 3.45MKITCHEN

4.05 x 3.00M

6.20 x 4.30M4.50 x 3.85M

GROUNDS

8.75 x 12.10M

FIRST FLOOR 1027 SQ.FT. SECOND FLOOR 827 SQ.FT.

4.65 x 3.90M3.75 x 2.45M

4.65 x 4.45M

4.60 x 3.90M

6.40 x 5.70M

8.15 x 3.90M

21' x 18'8"

26'9" x 12'10"

15'3" x 12'10"12'4" x 8'

15'3" x 14'7"

15'2" x 12'10"

13'3" x 9'10"

20'4" x 14'2"RECEPTION14'9" x 12'8"

12'10" x 11'4"

28'8" x 39'8"

15'7" x 14'2"

7'10" x 7'5"

14'9" x 12'8"

N

7

28 Sydenham Hill Floor Plans28 & 28A SYDENHAM HILL LONDON SE26 6TP

KITCHEN

ROOM 11

5.15 x 3.15M16'10" x 10'4"

ROOM 12

5.15 x 3.15M16'10" x 10'4"

ROOM 13

5.15 x 3.15M16'10" x 10'4"

ROOM 14

4.40 x 3.15MLIFT

14'5" x 10'4"

4.45 x 3.00M

6.45 x 5.65M

9.35 x 7.75 > 5.05M

8.00 x 7.75 > 7.15M26'3" x 15'5" > 23'6"

21'2" x 18'6"

30'8" x 25'5" > 16'7"

14'7" x 9'10"

GROUND FLOOR 3846 SQ.FT.

LAUNDRY

ROOM 10

4.45 x 3.15MLIFT

14'7" x 10'4"

4.10 x 3.85M13'5" x 12'8"

LOWER GROUND FLOOR 3443 SQ.FT.

ROOM 1

ROOM 2

ROOM 3

ROOM 6

4.45 x 3.15M14'7" x 10'4"

ROOM 7

4.45 x 3.15M14'7" x 10'4"

ROOM 8

4.45 x 3.15M14'7" x 10'4"

ROOM 9

4.45 x 3.15M14'7" x 10'4"

4.55 x 2.85M

4.45 x 3.10M

4.45 x 3.15M

15' x 9'4"

14'7" x 10'2"

14'7" x 10'4"

ROOM 4

4.45 x 3.15M14'7" x 10'4"

7.75 x 4.45M25'5" x 14'7"

PLANT

ROOM 21

5.15 x 3.15M16'10" x 10'4"

ROOM 22

5.15 x 3.15M16'10" x 10'4"

ROOM 23

5.15 x 3.15M16'10" x 10'4"

ROOM 24

4.40 x 3.15MLIFT

14'5" x 10'4"

FIRST FLOOR 3623 SQ.FT.

ROOM 15

4.60 x 2.85M15'2" x 9'4"

ROOM 16

5.15 x 3.10M16'10" x 10'2"

ROOM 18

5.15 x 3.15M16'10" x 10'4"

ROOM 19

ROOM 26

4.50 x 2.85M14'9" x 9'4"

ROOM 20

5.15 x 3.15M16'10" x 10'4"

SECOND FLOOR 1788 SQ.FT.

OFFICE 1 / 2

KITCHEN

RECEPTION

S 1

STAFF ROOM

ROOM 25

4.45 x 3.15M14'7" x 10'4"

ROOM 17

5.15 x 3.10M16'10" x 10'2"

6.50 x 4.50 > 4.15M

RECEPTION

BEDROOM

4.15 x 1.80M4.05 x 2.35M

5.55 > 5.25 x 5.00M

BEDROOM

3.85 x 3.40M

BEDROOM

3.70 x 3.10M

21'4" x 14'9" > 13'7"

13'7" x 5'10"13'3" x 7'9"

18'3" > 17'3" x 16'5"

12'8" x 11'2"

12'2" x 10'2"

VOID VOID

N

8

28A Sydenham Hill Floor Plans28 & 28A SYDENHAM HILL LONDON SE26 6TP

9

Tenure The property is held freehold.

Planning The existing buildings are considered to be Use Class C2 (Residential Institutional).

28 Sydenham Hill, the smaller building to front of the site, is a "locally listed building" but

the site does not fall within a conservation area.

The site has potential for development for a variety of alternative uses, including residential,

hotel or student accommodation. There may also be potential for further massing on the site,

subject to planning and usual consents. 28 Sydenham Hill was closed as a care home in 2007

and 28a Sydenham Hill closed in 2014.

Heritage Locally listed buildings are heritage assets identified by the Local Planning Authority because

they are considered to contribute to local character, either individually or within a townscape

context. 28 Sydenham Hill is not a listed building on the Statutory List of Buildings of

Architectural or Historic Interest and is not therefore subject to the same legal restrictions

as a listed building. Listed Building Consent is therefore not required to alter the building.

A heritage statement is available on request from Bidwells Heritage Team. Please contact

Fiona Macadie: [email protected]

75

to

SM

El

SM

28

79

81

8377

125

159

151

28a

House

92.2m

1 to 6

1 to 9109.4m

108.0m

1

to 16Sub Sta

13 to

18

Highfield

Bath Court

Greyfriars

El Sub Sta

Porlock House

SYDENHAM HILL

The Hill House

WELLS

PARK ROAD

Leamington Court

For indicative purposes only.


Sydenham Residential Market While the area has seen considerable capital growth over the past few years it is still comparatively affordable

compared to its immediate neighbouring areas such as Dulwich Village and West Dulwich. Together with its

ease of access to central London, both the City and West End, the area continues to grow in popularity and

pricing accordingly.

Sydenham has been named a “property hotspot” for first-time buyers in 2018 due to its relative affordability

and its varied amenities (Homes and Property: 2018). Residential values in the area are increasing rapidly,

regularly achieving £650 – £750 psf. Crest Nicholson completed, Wells Park Place, a development on

Sydenham Hill in 2017. The development comprises of 46 homes, a mixture of apartments and townhouses.

Examples of recent sales at this development and in the immediate vicinity are as follows:

Address Bedrooms Area Sq Ft Status Selling Price Rate Per Sq Ft

Sydenham Road, London SE26 2 689 On the market £450,000 £653

Barclay Court, Penge SE26 2 538 On the market £390,000 £725

Wells Park Place, Apartment 2 790 Sold £550,000 £696

Wells Park Place, Apartment 3 1,242 Sold £839,995 £676

Wells Park Place, Apartment 2 962 On the market £649,995 £676

Wells Park Place, Apartment 3 1,242 On the market £839,995 £676

Wells Park Place, Townhouse 4 1,800 On the market £1,400,000 £778

10


Should you have any queries or wish to

make a site inspection, please contact:

Mike Fox

DD: 020 7297 6273

[email protected]

Charlotte Holdsworth

DD: 020 3761 3635

[email protected]

Bidwells

25 Old Burlington Street

London W1S 3AN

Tel: 020 7493 3043

July 2018

Further Information

11

EPC Rating An EPC is available upon request.

VAT We understand the property is not

elected for VAT.

Proposal Our client is seeking offers in excess

of £4,000,000 (four million pounds)

subject to contract and exclusive of VAT

for the freehold interest with vacant

possession, on an unconditional basis.

Inspection Dates Open inspections will take place on the

following times and dates:

Thursday 12th July 2:00 pm - 4:00 pm

Monday 16th July 10:00 am - 12:00 pm

Thursday 26th July 10:00 am - 12:00 pm

Informal Tender We are requesting offers by way of

informal tender by 12 noon on Tuesday

31st July 2018. Please contact Bidwells

for further information.


Bidwells

25 Old Burlington Street

London W1S 3AN

Tel: 020 7493 3043

bidwells.co.uk

IMPORTANT NOTICE

Bidwells LLP act for themselves and for the vendors of this property, whose

agents they are, give notice that:

Nothing contained in these particulars or their contents or actions, both

verbally or in writing, by Bidwells LLP form any offer or contract, liability or

implied obligation to any applicants, viewing parties or prospective

purchasers of the property to the fullest extent permitted by law and should

not be relied upon as statements or representative of fact. No person in the

employment of Bidwells LLP or any joint agents has authority to make or give

any representation or warranty whatever in relation to this property. Any

areas of measurements or distances are approximate. The text, photographs

and plans are for guidance only, may not be to scale and are not necessarily

comprehensive. No assumptions should be made that the property has all

necessary planning, building regulation or other consents. Bidwells LLP has

not carried out a survey, nor tested the services, appliances or facilities.

Purchasers must satisfy themselves by inspection or otherwise. All rentals

and prices are quoted exclusive of VAT unless otherwise stated. Prospective

purchasers may be asked to produce identification of the intended Purchaser

and other documentation in order to support any conditional offers

submitted to the vendors. Bidwells LLP accepts no liability of any type arising

from your delay or other lack of co-operation. We may hold your name on our

database unless you instruct us otherwise.

OS licence no. ES 100017734. © Copyright Bidwells LLP 2017. Bidwells LLP

is a limited liability partnership registered in England and Wales (registered

number OC 344553). Registered office is Bidwell House, Trumpington Road,

Cambridge CB2 9LD where a list of members is available for inspection.

Your statutory rights are not affected by this notice.

Documents

0.5 ACRE DEVELOPMENT OPPORTUNITY (SUBJECT TO THE … · 0.5 ACRE DEVELOPMENT OPPORTUNITY (SUBJECT TO THE NECESSARY CONSENTS) 28 AND 28A SYDENHAM HILL, LONDON SE26 6TP 28A SYDENHAM