Description
The existing property is currently occupied by two rows of lock-up garages in Dering Road, South Croydon. The site now benefits from planning permission for the construction of 4, three-bedroom houses in a mews development and a separate three-storey building comprising 1 two-bedroom and 1 one-bedroom apartment each with their own private access onto the street.
Location
The property is located within the London Borough of Croydon and accessed from Dering Road. Croydon Town Centre is nearby, which is home to the large Whitgift and Centrale Shopping Centres. Croydon is undergoing significant regeneration as part of Croydon Vision 2020, which aims to promote it as a hub of living, retailing, culture and business in South London and the South East of England. The property is in the catchment area for several good schools and Croydon College.
Transport
The property is within 0.5 miles from South Croydon Station with fast trains taking 25 minutes to London Bridge Station and 20 minutes to London Victoria. Bus routes; 166 – 405 – 468 – 60 and N68 serve the area well making this location ideal for commuters or people working locally. By car, the M25 is approximately 8 miles south of the property towards Caterham. The A23 heading North provides routes to Thornton Heath, Streatham and Brixton.
Planning Permission
Planning permission was granted on the 16th February 2017 for the demolition of existing garages. Erection of 4 three bedroom houses in a mews development and a separate three-storey building comprising 1 two-bedroom and 1 one-bedroom apartment each with their own private access onto the street. Provision of associated parking under the planning reference; 16/04589/FUL.
For further information, please contact the London Borough of Croydon on 020 8726 6800.
VAT
We understand that VAT is not applicable.
Viewings
Please contact sole agents Highfield Investments to arrange access.
Tenure
Freehold.
Financial contributions
The property is liable for a Mayoral CIL and Croydon CIL of £84,211.
Additional Information
Planning documents, floor plans and other related documents can be provided in the form of a further information pack.
Terms
We are inviting offers in excess of £925,000 subject to contract.
