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Hollington House, 1 Parklands... Residential development for sale
Hollington House, 1 Parklands, Kingston upon Thames, London, KT5
£1,700,000
Hollington House, 1 Parklands, Kingston upon Thames, London, KT5
£1,700,000
Our Summary
- Rare Freehold Investment & Development Opportunity
- Development potential to create a 2–3 bedroom house on the left of the building (subject to planning permission)
- A new freehold title will be created for this element, which benefits from approved planning permission (Ref: 24/01703/FUL) for demolition and replacement with a semi-detached, split-level two-bedroom house
- Current Planning:Planning permission granted (ref 24/01703/FUL) for the demolition of an existing garage and staircase, internal alterations to Flat 2 and communal areas, and the construction of a three-storey side extension to create a semi-detached two-bedroom, three-person split-level residential unit (768 sqft/71
- Development Potential:Development potential to create a 3-bedroom house with garden on the left of the building (subject to planning permission)
- Planning approved for 2-bed semi-detached extension
Description
This rare freehold investment and development opportunity is situated in a prime, upmarket location within the Surbiton Hill Park Conservation Area in Kingston Upon Thames. The property comprises six fully let one-bedroom flats, with a current passing rent of £7,790 per month, and a total gross internal area of 278 square meters. The property is presented in good condition and offers a strong rental investment. The site also has development potential to create a 2-3 bedroom house on the left of the building, subject to planning permission. The property is located within a 10-minute walk of Surbiton Town Centre and Surbiton Train Station, which offers direct fast links to London Waterloo. The area boasts a welcoming, upmarket feel with scenic parks and the nearby River Thames, attracting young professionals and affluent families.