Beulah Hill, Upper Norwood SE19 3XR
Offers in excess of £1,700,000
The existing property comprises a vacant plot of land (occupied by trees and shrubs) which extends to approximately 0.5 acres.
The site is located along Beulah Hill, a residential street comprising mainly houses.
Vehicular access to the site is taken via Beulah Hill.
Planning permission has been approved for a desirable scheme of 8 houses, which will complement the existing residential area, with the new homes set to be sought after by families drawn to live in this popular location.
The site is located on the northern side of Beulah Hill, within the London Borough of Croydon.
The immediate area comprises mainly residential uses, although there are a number of shops located just south of the property on South Norwood Road. Further commercial offerings are available within the town centre of Crystal Palace, located approximately one mile from the site.
The site is not located within a conservation area but is located opposite to The Beulah Hill Conservation Area.
The nearest station is Crystal Palace which provides direct Overground links to London Bridge in 23 minutes, alongside direct National Rail services to London Victoria in 33 minutes.
Planning & Development Potential
Planning permission has been granted on 21st February 2020 (ref: 19/05106/FUL) for the erection 8 x 3 bedroom dwelling houses with associated car and cycle parking, waste stores, amenity space and landscaping.
The proposed scheme will create 10,161sq.ft. of residential floorspace and all units will be for private sale. There will be parking for 8 vehicles within a surface level car park. We understand there is a CIL liability of £188,677.28.
The property will be sold freehold with vacant possession on completion.
The property is not elected for VAT.
Offers invited in excess of £1,700,000.
A link to the planning documents can be found in our dataroom using access code “Norwood”.
Disclaimer - Kingsbury on its own behalf and on behalf of the Owner / Landlord of this property whose agent Kingsbury is, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268.
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- Vacant land extending to approximately 0.5 acres
- Planning permission for the construction of 8 x 3 bedroom houses extending to approximately 10,161 sq.ft.
- Popular residential location in close proximity to Crystal Palace with direct links to London Bridge in 23 minutes
- Offers invited in excess of £1,700,000
To discuss this opportunity further, please contact Jordan Oldfield or Chris Incledon on 020 7183 2529