Villiers Avenue, Surbiton KT5 8BD
Offers in excess of £1,500,000
The existing property comprises a single 3-bedroom house across 2-storeys, positioned on a broadly rectangular site of circa 0.18 acres.
The house is currently vacant and derelict and is bounded by residential properties on all sides.
The property is located on Villiers Avenue, within the Royal Borough of Kingston upon Thames.
The surrounding area comprises mainly high quality residential properties. There are a number of shops and commercial amenities located on nearby Victoria Road in Surbiton.
The nearest station is Surbiton which is circa 0.5 miles from the property providing National Rail services into London Waterloo in 30 minutes.
Planning permission was granted on 3rd June 2019 (ref:18/00037/FUL) for the demolition of the existing house and erection of a new 3-storey residential building comprising 6 x 3 bedroom flats which will extend to approximately 4,810 sq.ft. All units are for private sale and no Section 106 obligations apply. The planning consent is subject to a CIL liability of approximately £62,000.
An additional outline planning application was validated on 14th July 2019 (ref:19/01716/OUT) to consider the appearance, layout and scale of a new 3-storey residential building plus basement comprising 8 x 3 bedroom flats. A decision on the outline application is due to be made on 27th September 2019.
The property will be sold Freehold with the existing tenancy remaining in-situ.
Offers are invited in excess of £1,500,000 for the freehold interest.
The property is not elected for VAT.
Further information including approved planning documents can be found in our dataroom using the password ‘Villiers’.
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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- 3-bedroom detached house occupying a site of circa 0.18 acres
- Planning permission for a 3-storey new build development comprising 6 x 3 bedroom apartments totalling 4,810 sq.ft.
- Additional planning application pending for an outline consent for 8 x 3 bedroom apartments totalling 6,414 sq.ft.
- Offers are invited in excess of £1,500,000 for the freehold interest
To discuss this opportunity further, please contact Jordan Oldfield or Joe Goldsmith on 020 7183 2529