Development
properties
81 Higher Drive, Purley, Croydon CR8 2HN
Offers in excess of £1,450,000
Freehold development opportunity with planning permission for 9 apartments
Planning permission to construct 9 apartments
measuring approximately 605m² / 6,514ft²
Proposal provides 9 parking spaces
Site area measuring circa 1,248m² (0.13 hectares)
0.8 miles to Purley Station
Freehold
Offers in excess of £1,450,000
Description
The existing plot extends to 1,248m² (0.13 hectares) and currently comprises a single residential dwelling. The site now benefits from planning permission for the demolition of existing dwelling and the construction of a three-storey building, comprising two three-bedroom and seven two-bedroom apartments extending to circa 6,514ft². The proposal will also provide 9 car parking spaces, 18 cycle spaces and refuse stores.
Location
The property is located on a popular residential road in Purley within the Borough of Croydon. The site is approximately 1 mile from Purley’s bustling high street providing a good range of amenities including convenience stores, banks, coffee shops and restaurants. Local leisure facilities include the Woodcote Golf Course and Purley Sports Club.
Croydon is undergoing significant regeneration as part of Croydon Vision 2020 with a new £1.4 billion Westfield Shopping Centre providing 7,000 new jobs and 1,000 new homes. The plans aim to promote Croydon as a hub of living, retaining culture and business in South London and the South East of England.
The property is in the catchment area for several good schools including Beaumont Primary School, Harris Primary School and Riddlesdown Collegiate Secondary School.
Transport
The property is well served by public transport, with Purley Railway Station approximately 0.8 miles from the property, providing direct services to London Bridge and London Victoria in under 25 minutes. The M25/M23 interchange at Hooley is approximately 5 miles away.
Planning Permission
Full planning permission was granted on the 12th October 2018 under the planning reference 18/03241/FUL for the demolition of the existing dwelling and the construction of a three-storey building comprising two three-bedroom and seven two-bedroom apartments extending to circa 6,501ft2. The proposal will also provide 9 car parking spaces, 18 cycle spaces and refuse stores.
Viewings
The property can be adequately viewed from the public highway in the first instance.
Additional information
Planning documents, floor plans and other related documents can be provided in the form of a further information pack.
Financial Information
The property is liable for a Mayoral and Croydon CIL of approximately £62,000.
VAT
We understand VAT is not applicable.
Tenure
Freehold.
Terms
Highfield invite offers in excess of £1,450,000 subject to contract.
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.