The Old Laundry detached property in South West London up for sale

Putney’s historic Old Laundry is being brought to market by Dexters with a £1.55 million price tag.

The detached, Grade II property is a wonderful example of the Arts & Crafts architectural style of the early 20th century, characterised by traditional craftsmanship, simplicity, and the use of local materials.

It was designed in 1906 by prominent local architect Edward Hunt as a commercial laundry, with sorting, packing and washing on the ground floor, plus a manager’s office, and above, on the first floor, the clothes were dried, pressed and folded. The building has a host of original features including an exposed roof structure with curved timber braces.

The group of houses and flats nearby (155-171 Oakhill Rd) are also part of this listed heritage group, though owned separately.

Full planning permission has been granted by Wandsworth Council for conversion to a 4 bedroom home, with 3 bathrooms, spacious kitchen, dining and living areas. Adjacent to the main building, there is a detached out-house that has already been renovated to function as an ensuite 5th bedroom or home office.

For the last 13 years the freehold property has been owned by the family interests of Chris St Cartmail, founder of Business Sale Report, the UK's business for sale aggregation platform for small to medium companies. The business currently runs its headquarters from the building, which is laid out as a modern office with a private gated entrance and driveway leading to off-street parking for 3 or more vehicles.

“Running our business from here for the past 13 years has been very enjoyable. It’s airy and light, and it’s close to the river, Wandsworth and Putney shopping areas, the East Putney tube and to British Rail. Whilst our business is going from strength to strength, more of our people are now spread out around the country, and now with only one or two people in the HQ at any particular point in time, it is not the most efficient use of capital.”

With detached 5-bed homes in the area selling from £2.5 to £5m, there is plenty of upside for an investor to convert and sell as a luxury home for a tidy profit.

Ben Ainsworth, Manager of Dexters’s Putney office, notes: “I see this as either being an ideal shell for someone with creative flair to create the circa 2000 sq ft home of their dreams, or for a more quirky use like an art studio or interior design showroom, with separate living quarters.” He added, “The private gated entrance and detached aspect is very appealing to those with security concerns, especially so close to central London”.

Update: The property has been removed from the market by its owners

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