TypeDevelopment - Residential
TenureFor sale
The property comprises a freehold part-constructed residential development opportunity extending to approximately 0.061 hectares (0.15 acres).
Planning permission has been implemented for the demolition of the former dwelling and construction of a detached residential building comprising eight self-contained apartments arranged over basement, ground, first and loft levels.
Substantial works have already been undertaken, including demolition of the former dwelling, excavation works, piling and construction of the reinforced concrete basement structure.
The opportunity presents the ability to acquire a consented residential scheme with significant development progress already achieved.
Planning permission implemented for 8 residential apartments (Ref 230641FUL)
The approved scheme extends to approximately 611 sq m (6,577 sq ft) GIA
Accommodation is set to comprise 6 x two-bedroom apartments and 2 x one-bedroom apartments
Existing dwelling demolished and reinforced concrete basement structure completed
Significant development expenditure incurred
Community Infrastructure Levy (CIL) paid in full
The property occupies a prominent position on Creswick Road, a highly regarded residential address within Acton in the London Borough of Ealing.
Acton has benefited significantly from the arrival of the Elizabeth Line, strengthening connectivity to Central London and Heathrow Airport whilst continuing to attract strong owner-occupier and rental demand. The surrounding area comprises an established residential neighbourhood characterised by attractive family housing, local amenities and excellent transport connections.
Acton Main Line Station (Elizabeth Line) lies approximately 724 metres to the north-east, whilst Acton Central Station is approximately 968 metres to the south-east. Local amenities include Sainsbury's Local, Morrisons, SPAR and a range of independent retailers and services.