Development
properties
187 Commonside East, Mitcham, Surrey CR4 1HB
Offer in the excess of £1,100,000
Planning permission for 9-apartments
4 x 1-bedroom and 5 x 2-bedroom
9 off-street parking spaces
Prime location with views of the Common
Freehold
Offers in excess of £1,100,000
Description
The site currently comprises a two-storey residential building and garage with a vacant piece of paved land to the rear. The site benefits from planning permission to create a three-storey development comprising 9 self- contained flats 4 x one-bedroom and 5 x two-bedroom with a total floor space of 509m2 / 5,479ft2.
Location
The property is situated within the London Borough of Merton. The site is in a prime location on the corner of Commonside East and Cedars Avenue. Mitcham Common is opposite the property, which offers enjoyable walks around the green open spaces. Commonside West and London Road are both a short walk from the property and have a wide range of shops, cafes and businesses.
Transport
The property is located within close proximity to Mitcham Junction and Mitcham Eastfields train stations. The nearest bus stop is 50 metres from the property, which offers a regular service running through the Borough and Greater London.
Planning Permission
Planning permission was granted on 27th July 2017 by the London Borough of Merton Planning Department under the reference 14/P0792, for the demolition of the existing detached house and the erection of a new detached three-storey block of 9 self-contained flats, comprising 5 x two-bed and 4 x one- bed flats complete with parking spaces.
Buyers note: An application is currently pending to extend the existing consent and we are offering the property subject to this extension.
Additional information
Planning and other related documents will be sent in the form of an information pack that can be requested from a member of the Highfield team. Resales have been obtained by new homes agents and are included in the information pack.
Viewings
Viewings can be adequately made from the roadside in the first instance. If you require site access please contact a member of the Highfield Team.
Financial Information
The site is subject to a CIL contribution of approximately £75,000.
VAT
We understand that VAT is not applicable.
Tenure
Freehold.
Terms
Highfield are inviting offers in excess of £1,100,000 for the freehold interest.
Schedule
Please note the information provided by Highfield Investments London Limited, trading as Highfield Investments has been given in good faith, however all parties must undertake their own due diligence to satisfy themselves in regards to accuracy.