34 Arkwright Road, Croydon
Offers in excess of £1,150,000
Freehold development opportunity with planning permission to construct 7 apartments
Planning permission to construct 7 apartments measuring 494m2 / 5,317ft2
Proposal provides 7 parking spaces
Site area measuring circa 1,356m2 / 14,595ft2
1.0 miles from Sanderstead station
Offers in excess of £1,150,000 STPP
The existing plot extends to 1,356m2 and currently comprises a single residential dwelling. The site now benefits from planning permission for the demolition of existing single family dwelling and the construction of a two- storey block with accommodation on the roof level containing 7 flats (6 x two bedroom flats & 1 x three bedroom flat). The site also offers 7 associated parking spaces.
Sanderstead offers a thriving village high street with a variety of independent retailers and restaurants. Nearby, and set in its own 200 acres of beautiful Surrey countryside, is the Selsdon Park Hotel and Golf Club. Sanderstead offers many excellent state and private schools, including Atwood Primary School, Gresham Primary School, Ridgeway Primary School and Riddlesdown Collegiate Secondary School. Also within easy reach are Croydon High School, Old Palace, Whitgift School and Trinity.
Sanderstead is ideally located for commuters, with its close proximity to Croydon and London, offering easy access to both the M25 (jun ion 6) at Godstone and the M23 at Hooley, serving Gatwick and Heathrow Airports as well as Brighton. Sanderstead (1 mile) and Purley Oaks (1.2 miles) railway stations provide fast services to London Bridge and Victoria within 23 minutes as well as Gatwick Airport.
A full planning application has been submitted to Croydon Council with a decision due the 2nd July 2018 under the planning reference 18/00749/FUL for the demolition of existing building and erection of two storey building with accommodation in roof space comprising of six one-bedroom and one three-bedroom apartments extending to circa 5,317ft2. The proposal will also provide 7 car parking spaces, cycle spaces and refuse stores.
The property can be adequately viewed from the public highway in the first instance.
Planning documents, floor plans and other related documents can be provided in the form of a further information pack.
The property is liable for a Mayoral CIL and Croydon CIL of approximately £60,000.
We understand VAT is not applicable.
We are inviting offers in excess of £1,150,000 subject to planning permission.
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.