Lot 2615 - 319 Baring Road, Grove Park, Lewisham, London, SE12 0DZ
- Unconditional Online Auction Sale
- Guide Price* : £695,000
FREEHOLD FOR SALE BY ONLINE AUCTION - Fully Consented Construction and Development Opportunity
Description
FREEHOLD FOR SALE BY ONLINE AUCTION - Fully Consented Construction and Development Opportunity
Auction Guide £695,000 + Plus Fees
TENURE
Freehold
BIDDING
Bidding will take place on our website 'auctions.sealeys.co.uk' on Tuesday 3rd November 2026 Bidding opens at 12:00pm and ends at 1:00pm. In order for you to bid, you will be required to register your card for an 'auction entrance fee', this is made up of an 'administration fee' and a 'buyers security fee'. This will only be charged to the successful buyer. Please see the Buyers Guide and the Common Auction Conditions for more information. If you have any further questions please contact the agent, or seek legal advice.
The required 'auction entrance fee' for this LOT is - £5,000
PROPERTY DESCRIPTION
Mixed use building for sale by auction with planning permission for construction of a part single / part two storey rear extension to the basement, ground and second floors with new balustrade to existing roof terrace creating four self-contained one-bedroom flats. Retention of Commercial Unit to the front. Ancillary bin storage facilities and cycle storage to the site.
Planning Ref: DC/23/133686 – Lewisham Council
The property presents a particularly compelling development opportunity, benefiting from planning permission to create four residential flats, subject to the relevant consents and purchaser verification. This provides the potential to transform and substantially enhance the existing accommodation while creating additional residential value in a well-connected and established London location.
LOCATION
Located in Baring Road, Grove Park, Lewisham which is an established South East London location this property offers an exciting opportunity for both residential and investment buyers and developers.
The property occupies a prominent position within a well-established residential and commercial neighbourhood, with a range of local shops, cafés, restaurants and everyday amenities close by. The location also benefits from excellent transport links, with Grove Park Station providing regular rail services into Central London, while Lee, Lewisham and Blackheath are all within easy reach.
The surrounding area combines a strong residential catchment with established commercial activity, making Baring Road an attractive location for investors and developers alike.
GUIDE PRICE*
Where a guide price (or range of prices) is published, that guide is the sellers minimum expectation at the date of publication. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please register your interest or keep an eye on our website for any amendments to this.
FEES**
In addition to the bid price, you may be responsible for administration fees, other non-optional fees, and potentially the repayment of search and other costs. All lots are subject to the Common Auction Conditions and applicable Special Conditions of Sale.
Before bidding, carefully review all available legal documentation to understand your potential liabilities. This includes potential costs such as Stamp Duty, Land Registry fees, and VAT, which may be applicable upon completion.
If you have any doubts, please consult with your own professional advisors.
ADMINISTRATION FEE SCHEDULE***
The successful buyer is subject to an administration fee at the same time as the bidder security fee (auction entrance fee) for each LOT purchased. The administration fee is applied to the sale price in the following scaled increments
and includes VAT;
Up to £99,999 =£1,080
£100,000 - £349,999 =£2,160
£350,000 Plus =£3,600
Please see the 'General Conditions Of Sale' for detailed explanation of the terms.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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