Sanderstead Road, Sanderstead CR2 0AG
Offers in excess of £1,400,000
The existing property currently comprises a detached 5 bedroom family house extending to approximately 2,507 sq.ft.
The property occupies a broadly rectangular site of circa 0.4 acres, which incorporates a front and rear garden, two detached garages and parking for multiple vehicles.
The site is bounded by high-quality residential properties with access taken from Sanderstead Road.
The property is located on Sanderstead Road within the London Borough of Croydon.
Numerous commercial offerings including shops, restaurants and supermarkets are available in Purley town centre, located approximately 1.5 miles from the subject property.
Sanderstead Station and Purley Oaks Station are also located approximately 0.6 miles from the site (circa 13 minute walk), both providing direct services into Central London, including London Bridge Station in under 30 minutes.
Planning & Development Potential
Planning permission was granted on 26th August 2020 (reference: 20/00064/FUL) for the demolition of the existing building and erection of a 4-storey building to create 9 apartments (1 x 1 bedroom, 6 x 2 bedroom and 2 x 3 bedroom units) extending to circa 9,382 sq.ft. NSA in total.
The scheme will benefit from off-street parking for up to 9 vehicles (in a surface level car park to the front of the proposed building).
All units are for private sale and no Section 106 obligations apply.
The planning consent is subject to a CIL liability of approximately £166,851.48.
The property will be sold freehold with vacant possession upon completion.
The property is not elected for VAT.
Offers are invited in excess of £1,400,000.
Further information including planning documents can be found in our dataroom using access code ‘Yew’.
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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- 2-storey detached house located on a site extending to circa 0.4 acres
- Planning permission granted for a 4-storey building to create 9 apartments (1 x 1 bedroom, 6 x 2 bedroom and 2 x 3 bedroom units) extending to approximately 9,382 sq.ft. NSA in total
- Located on a sought-after residential street circa 0.6 miles from Sanderstead Station and Purley Oaks Station
- Offers are invited in excess of £1,400,000 for the freehold interest
To discuss this opportunity further, please contact Paul Heale or Jordan Oldfield on 020 7183 2529