187 Commonside East, Mitcham, Surrey

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.

Property For Investment

Contact us now!

Join Our Insider List

Be the first to know about new homes, deals, and real estate tips delivered to your inbox.

Join Our Property Insider List

Be the first to know about new homes, deals, and real estate tips tailored to you. Stay informed with market trends, expert advice, and handpicked listings delivered to your inbox.