More Close, Purley CR8 2JN
Offers in the region of £1,300,000
The existing property comprises a 2-storey detached house located on a cul-de-sac on a site extending to 0.17 acres.
The site is bounded by large detached houses to the north, east and west. Vehicular access to the site is taken directly from More Close.
The property is located on More Close in Purley, within the London Borough of Croydon. Purley is located approximately 12 miles to the south of Central London.
The immediate area comprises mainly high-quality residential properties. Numerous commercial offerings including shops, restaurants and supermarkets are available in Purley town centre, located approximately 0.5 miles from the subject property.
Purley Station is also located approximately 0.6 miles from the site (circa 13 minute walk), providing direct services into Central London, including London Bridge Station in under 30 minutes.
Planning & Development
Planning permission was granted (under reference: 19/04478/FUL) for the erection of a part 3, part 4-storey building to create 9 apartments (3 x 1 bedroom, 5 x 2 bedroom and 1 x 3 bedroom units) extending to circa 7,165 sq.ft. NSA in total.
The site will provide 7 on-site parking spaces by way of surface level and car stacker. Each car parking space would be allocated to a specific unit through a lease agreement, with two of the units being car-free.
All units are for private sale and we understand there is a CIL payment of £85,918 and a S106 contribution of £15,600.
The property will be sold freehold with vacant possession upon completion.
The property is not elected for VAT.
Offers invited in the region of £1,300,000.
Further information including planning documents can be found in our dataroom using access code “More”.
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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- Freehold site comprising an existing 2-storey detatched house occupying a site of 0.17 acres
- Planning permission granted for a part 3, part 4-storey building to create 9 apartments (3 x 1 bed, 5 x 2 bed & 1 x 3 bed) extending to circa 7,165 sq.ft. NSA in total
- Located on a sought-after residential street approximately 0.6 miles from Purley Station and the town centre
- Offers are invited in the region of £1,300,000 for the freehold interest
To discuss this opportunity further, please contact Paul Heale or Chris Incledon on 020 7183 2529