Alric Avenue, New Malden
Offers in Excess of £300,000

Investment Highlights

• Airspace Development Opportunity
• Proposed extension to provide 2 x large 2-bedroom apartments
• Situated on Alric Avenue, New Malden, immediately adjacent to New Malden Station
• Exceptional connectivity with direct rail services to London Waterloo and Central London destinations
• Planning permission granted under reference 23/00631/FUL
• Proposed development extending to approximately 130 sqm (1,399 sqft) GIA across two new residential units
• Each apartment extending to approximately 65 sqm (700 sqft)
• Highly desirable South West London commuter location
• Excellent access to local shops, restaurants, leisure facilities and highly regarded schools
• Station location offers outstanding rental and sales demand
• Existing residents have been appropriately consulted and informed regarding the proposed development

Executive Summary

This attractive airspace development opportunity to create two spacious 2-bedroom apartments above the existing building on Alric Avenue, New Malden.

Planning permission has been granted for the proposed development under reference 23/00631/FUL, providing for the construction of two new residential units. The proposed extension has been designed to complement the existing architecture, ensuring a sympathetic and cohesive appearance that integrates seamlessly with the surrounding residential environment.

Both apartments provide efficient and well-proportioned accommodation of approximately 65 sqm each, meeting modern occupier requirements. The scheme benefits from an unrivalled location immediately adjacent to New Malden Station, providing excellent transport links and making it particularly attractive to commuters, owner-occupiers and investors alike.

Existing residents have been fully informed and consulted regarding the proposed development, providing additional certainty for an incoming purchaser.

Location

The property is located on Alric Avenue, New Malden, directly adjacent to New Malden Station. The location provides immediate access to rail services into London Waterloo, whilst the vibrant New Malden High Street is within a short walk, offering a wide range of retail, dining and leisure amenities.

The combination of outstanding transport links and strong local amenities makes this an exceptional residential development opportunity in one of South West London's most sought-after commuter locations.

Further Information

Access to the property is available strictly by prior appointment.

Please contact the selling agent for further information, including planning consent documentation relating to Planning Reference 23/00631/FUL, proposed plans, construction information and supporting technical reports.