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See how verdicts workHouse · W13 9BX
Listing removedReduced £200k (−50%) on 21 JunListed 144 days
Opportunity summary
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About
This is a unique chance to acquire a development plot with the flexibility to create an exceptional project, subject to the necessary planning consents.
Please see the attached site plans and proposed floorplans provided. The site forms part of 39 Melbourne Avenue, a 1980s conversion comprising four flats.
The freehold was acquired in the early 2000s by three of the four leaseholders, with the rear plot later identified as a development opportunity.
In around 2015, the freeholders agreed to package the rear section of the site — formerly occupied by three derelict garages with access via a side drive — for development and eventual sale.
Planning permission was subsequently granted, and the development was technically commenced within the required timeframe to preserve the consent.
Following this, the owners decided to sell the plot with the benefit of planning permission rather than complete the build themselves.
The rear plot has now been fully and legally separated, including the resolution of previous covenant matters relating to one of the leasehold properties.
The sale includes: The rear development plot Existing development rights and planning permission Permanent right of way access via the side drive Full Building Regulations documentation has also been prepared and can be made available upon request.
A fantastic opportunity for developers, investors, or buyers looking to create something bespoke in a desirable residential location.
Please note that some images for this property have been virtually staged using ai to help illustrate the space and its potential.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 39, Melbourne Avenue, Ealing
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