The Holly Tree, 32 Dermody Road... Residential development for sale

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The Holly Tree, 32 Dermody Road... Residential development for sale

The Holly Tree, 32 Dermody Road, Lewisham, London, SE13
£1,300,000

Our Summary

  • The Holly Tree is a characterful end-of-terrace freehold property offering a rare mixed-use investment opportunity in the heart of Lewisham
  • The ground floor and basement—formerly operating as a public house—are currently vacant, offering excellent scope for repositioning, re-letting, or redevelopment, subject to the necessary consents
  • Above, the property benefits from an unused attic space with further development potential
  • Additionally, there may be an opportunity to extend the property to the rear to create additional accommodation or reconfigure the commercial layout, subject to planning permission
  • This asset presents both immediate income and significant asset management and development upside, making it suitable for investors seeking stable yield with long-term enhancement potential
  • Development potential via commercial reconfiguration, rear extension or attic conversion (STP)

Description

The Holly Tree is a unique investment opportunity in Lewisham, offering a rare mixed-use property with a strong and consistent income stream from the 8-bedroom House in Multiple Occupation (HMO) on the upper floors. The ground floor and basement, formerly a public house, are currently vacant and offer excellent scope for repositioning, re-letting, or redevelopment, subject to necessary consents. The property also benefits from an unused attic space with further development potential and may be extended to the rear to create additional accommodation or reconfigure the commercial layout, subject to planning permission. With excellent transport links and strong local amenities, including Lewisham Station and nearby shopping and leisure facilities, this property presents both immediate income and significant asset management and development upside, making it suitable for investors seeking stable yield with long-term enhancement potential.