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Rear of 140-142 Pampisford Road,
Purley CR8 2NH

Offers in excess of £1,150,000

Freehold development opportunity with planning permission for 7 apartments

Planning permission to construct 7 units measuring 449m2 / 4,833ft2

Proposal provides 11 parking spaces

Cleared plot measuring 1067m2

Located in South Croydon

Freehold

Offers in excess of £1,150,000

Description

The existing 1067m2 site comprises two large detached dwellings with large rear gardens creating the space for a new build development. The site now benefits from planning permission for the construction of a single 2-storey with accommodation on the roof level block, containing 7 residential units, with associated parking spaces, cycle storage and refuse store.

Location

The property is located in Purley, within the Borough of Croydon. Purley High Street provides an array of bars, restaurants, high street retailers and independent stores. Locals are also spoilt for choice with the open spaces of Purley Beeches, Kenley Common and Farthing Downs.

Croydon is undergoing significant regeneration with a new £1.4 billion Westfield and Hammerson shopping, leisure and housing development, providing a new shopping mall, 7,000 new jobs and 1,000 new homes.

The property is in the catchment area for several good schools including Christ Church CofE Primary School and Harris Academy.

Transport

The site is situated under a mile away from Purley and Purley Oaks stations, with trains to both London Bridge and Gatwick Airport taking under 30 minutes.

By car, the M25 is 20 minutes drive south from the site and Brighton is also an hour away by train or car.

Planning Permission

Full planning permission was granted on the 25th January 2018 under the planning reference 17/05463/FUL for the construction of a two storey building with accommodation in the roof space comprising of 1 one- bedroom, 5 two-bedroom and 1 three-bedroom flats extending to circa 449sqm/4,833sqft. The proposal will also provide 11 car parking spaces, cycle spaces and refuse stores.

Viewings

Please contact sole agents Highfield Investments for viewing arrangements.

Financial Information

The property is liable for a Mayoral CIL and Croydon CIL of approximately £79,000

VAT

We understand that VAT is not applicable.

Tenure

Freehold.

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.

Terms

We are inviting offers in excess of £1,150,000 subject to contract.

Schedule

Unit Bedrooms Private Amenity m2 Private Amenity ft2 m2 ft2
Unit 1
Bedrooms 1
Private Amenity m2 20
Private Amenity ft2 215
m2 55
ft2 592
Unit 2
Bedrooms 2
Private Amenity m2 20
Private Amenity ft2 215
m2 61
ft2 657
Unit 3
Bedrooms 2
Private Amenity m2 25
Private Amenity ft2 269
m2 71
ft2 764
Unit 4
Bedrooms 2
Private Amenity m2 5
Private Amenity ft2 54
m2 61
ft2 657
Unit 5
Bedrooms 2
Private Amenity m2 5
Private Amenity ft2 54
m2 61
ft2 657
Unit 6
Bedrooms 3
Private Amenity m2 5
Private Amenity ft2 54
m2 61
ft2 657
Unit 7
Bedrooms 2
Private Amenity m2 5
Private Amenity ft2 54
m2 79
ft2 850
Unit
Bedrooms Total
Private Amenity m2 85
Private Amenity ft2 915
m2 449
ft2 4833
Unit

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.