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The East Dulwich Forum
The Bishop, The EDT, The Great Exhibition, the Actress or another?
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messageEast Dulwich Hotelattachment
Posted by Flux capacitor 05 January, 2019 16:01

I recently walked passed the East Dulwich Hotel, which has been obviously left to rack and ruin. I believe this building could be put to good use.

Attachments: rsz_img_5996.jpg (214.8KB)  
messageRe: East Dulwich Hotel
Posted by DulwichFox 05 January, 2019 16:42

Shame about the exterior...
It's lovely inside.

https://images.oyster.com/photos/prague-suite--v6748266-720.jpg

Dulwich Fox

messageRe: East Dulwich Hotel
Posted by i*Rate 06 January, 2019 12:03

Whoever owns the property have put in for planning permission to have a row of new terrace houses built there, probably waiting for funding or whatever it takes to get things done? Details are on the Southwark planning applications website.

messageRe: East Dulwich Hotel
Posted by TheArtfulDogger 08 May, 2019 09:44

As I understand it, from the council, the demolition work will commence soon with conditions attached to prevent noise and mess outside the boundaries of the site

messageRe: East Dulwich Hotel
Posted by TheArtfulDogger 16 May, 2019 12:05

Looks like it's back up for sale

This was added yesterday

[www.rightmove.co.uk]

messageRe: East Dulwich Hotel
Posted by alice 16 May, 2019 12:27

Someones lost a lot of cash.

messageRe: East Dulwich Hotel
Posted by rahrahrah 17 May, 2019 09:49

Not necessarily. If they've got planning permission and had plans drawn up etc - then they may be selling it on to a developer for more than the bought it.

messageRe: East Dulwich Hotel
Posted by alice 17 May, 2019 11:11

Usually yes but prices have dropped.

messageRe: East Dulwich Hotel
Posted by mrwb 17 May, 2019 13:22

Anyone got the poa? If could be bothered would check land registry to see original purchase price.

messageRe: East Dulwich Hotel
Posted by JohnL 17 May, 2019 13:55

mrwb Wrote:
-------------------------------------------------------
> Anyone got the poa? If could be bothered would
> check land registry to see original purchase
> price.


An older thread from 2016 on this said 1.6m

[www.eastdulwichforum.co.uk]

messageRe: East Dulwich Hotel
Posted by EDmummy 17 May, 2019 17:46

Based on original price and potential selling price of new builds, could be a good investment although the places built on Upland Rd (Peel Court?) took and very long time to build and slow to sell so return could take a while.

messageRe: East Dulwich Hotel
Posted by Abe_froeman 17 May, 2019 18:15

Did those houses in Upland rd actually sell in the end?

messageRe: East Dulwich Hotel
Posted by alice 17 May, 2019 19:20

Couldnt find them on land registry

messageRe: East Dulwich Hotel
Posted by sheff 23 May, 2019 09:40

Its being demolished today

messageRe: East Dulwich Hotel
Posted by mynamehere 24 May, 2019 08:50

It must have sold for about 1.95 million

messageRe: East Dulwich Hotel
Posted by Coman 07 June, 2019 21:24

Just came back from a jog and suddenly they had just demolished it.

I asked the Chinese restaurant guy when it happened. Only time I think I ever been to that particular takeaway. He said it was two years ago.

Relieved to read that it happened more like two weeks ago.

Felt like I was the crazy one for a moment there

messageRe: East Dulwich Hotel
Posted by Sue 07 June, 2019 21:33

Two years ago????

messageRe: East Dulwich Hotel
Posted by Coman 07 June, 2019 22:14

I was in all day May 23rd. Surprised I didn't hear it getting demolished

messageRe: East Dulwich Hotel
Posted by TheArtfulDogger 08 June, 2019 09:35

It wasn't demolished

It was stolen by clowns quietly overnight

messageRe: East Dulwich Hotelattachment
Posted by TheArtfulDogger 26 August, 2019 15:40

Out of curiosity I looked up the properties that formed the former east Dulwich hotel on the land registry

Believe it or not it sold for 325 thousand

Either it was the best ever sale of the century or something unusual went on with the amount declared to the land registry





Edited 2 time(s). Last edit was 2019:08:26:15:44:34 by TheArtfulDogger.

Attachments: image.png (242.9KB)  
messageRe: East Dulwich Hotel
Posted by Sue 26 August, 2019 20:49

Seems like some developer got a bargain then??

messageRe: East Dulwich Hotel
Posted by OutOfFocus 26 August, 2019 20:58

Was it sold before or after planning permission was granted. If before the purchaser would have taken some risk.

Presumably the buildings had negative value.

messageRe: East Dulwich Hotel
Posted by alice 26 August, 2019 21:06

Maybe but the land would be worth 4 times that



Edited 1 time(s). Last edit was 2019:08:26:21:09:13 by alice.

messageRe: East Dulwich Hotel
Posted by Lynne 27 August, 2019 09:34

Odd.

messageRe: East Dulwich Hotel
Posted by JohnL 27 August, 2019 12:24

This site shows three entries all on 13/02/2018

24-30 325K
26 325K
28-30 650K

[nethouseprices.com]

messageRe: East Dulwich Hotel
Posted by alice 27 August, 2019 12:36

Thanks J makes sense now

messageRe: East Dulwich Hotel
Posted by Penguin68 27 August, 2019 14:59

So that would be 1.3m for the full run? Makes more sense than just 350k, considering what will have to be spent on them - and should offer a developer a tidy but not wholly exorbitant profit, considering the likely development time and cost of funding a loan. And remembering that this will be a taxable profit, (on what basis, capital gain or trading profit) depending on how the purchasing company is structured.



Edited 1 time(s). Last edit was 2019:08:27:15:02:26 by Penguin68.

messageRe: East Dulwich Hotel
Posted by 1983groke April 26, 06:41PM

It now looks like someone drank 10 pints of Stella, ate a kebab, and vomited over the East Dulwich Hotel on their way home. 'Stunning', apparently.

messageRe: East Dulwich Hotel
Posted by wordsworth April 26, 09:16PM

haha very good... it's a abomination a utter disgusting disaster... guess someone will rent one when er...

messageRe: East Dulwich Hotel
Posted by tiddles April 29, 08:57AM

Ha ha ha my other half has been banging on about the bricks that have been used - totally wrong and do not exactly blend in...

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