Snellers are instructed to seek offers either on an unconditional or stp basis for this site on Waldegrave Road in Teddington.

We are instructed to sell the rear element of 185 Waldegrave Road, Teddington.

In order to facilitate the sale of the rear element of 185 our client proposes to sell the Freehold. There are two apartments in the building to the front of the land at 185, sold off on long leases. The ingoing purchaser will benefit from the Ground Rent income generated by these two units, which amounts to £150pa.

The rear of 185 has the benefit of a planning consent for two small offices (B1 use-class). On this basis Thamesview are of the opinion that a purchaser could leverage this planning consent to seek a residential use (either through pdr or a separate/new C3 residential planning application) on the land.

There is a precedent of C3 to the rear directly next door, where they have achieved planning for a house thus establishing a precedent. In our view it would make sense to mirror this consent, with a slight tweak, and seek a set-back 1st floor to to create a 3 bed home.

The rear element will benefit from a car parking space to the front. However, Snellers have not approached Richmond Borough in this respect and this should be done independently.

Our client is seeking offers in excess of £300,000 Subject to Contract. As we have said ideally our client would prefer an unconditional sale, however, they will consider Subject to Planning offers too.

Please note that in the pro map picture blue denotes the development opportunity included in the sale.

The location is popular with families as there are fantastic schools. The property is near Bushy park, the River Thames, Teddington mainline station, and local shops and restaurants.