East Dulwich Hotel

[Flux capacitor]

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.

[DulwichFox]

Shame about the exterior...

It's lovely inside.

Dulwich Fox

[i*Rate]

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.

[TheArtfulDogger]

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

[TheArtfulDogger]

Looks like it's back up for sale

This was added yesterday

https://www.rightmove.co.uk/property-for-sale/property-71716441.html

[alice]

Someone?s lost a lot of cash.

[Earl Aelfheah]

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.

[alice]

Usually yes but prices have dropped.

[mrwb]

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

[JohnL]

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

https://www.eastdulwichforum.co.uk/forum/read.php?5,1666500,page=1

[EDmummy]

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.

[Abe_froeman]

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

[alice]

Couldn?t find them on land registry

[sheff]

It?s being demolished today

[mynamehere]

It must have sold for about 1.95 million

[Coman]

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

[Sue]

Two years ago????

[Coman]

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

[TheArtfulDogger]

It wasn't demolished

It was stolen by clowns quietly overnight

[TheArtfulDogger]

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

 

[Sue]

Seems like some developer got a bargain then??

[OutOfFocus]

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.

[alice]

Maybe but the land would be worth 4 times that

[Lynne]

Odd.

[JohnL]

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

24-30 325K

26 325K

28-30 650K

https://nethouseprices.com/house-prices/london/london/upland%20road