Development/Investment Opportunity For Sale

Bloomfield Road, Woolwich SE18

£700,000

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Description

Opportunity to purchase a freehold property in the heart of Woolwich. The property currently consists of two flats split across two floors, a garden to the rear and two garages. There is currently no planning consent for the property but there is considerable potential to extend to the rear of the existing building and/or develop on the garages.

Location

38 Bloomfield Road, Woolwich, SE18 7JH.

Situated on Bloomfield Road, the property is 0.5 miles from Woolwich Arsenal station which has a travel time of 21 minutes to London Bridge. There is a local shopping parade located just 0.2 miles away on Plumstead Common Road. The Stone Lake Retail Park is 2.6 miles away and Woolwich town centre is 0.5 miles away, both of which provide a wide range of amenities. Woolwich has seen significant gentrification over the recent years as a result of the new Crossrail link commencing in 2019.

Planning History

No history of planning.

Accommodation

Beds SqM Annual rental income (£)
1b 55 12,000
2b 62 13,800
Total 117 25,800

Plans