Residential development for sale
Property description & features
- Tenure: Freehold
- Price - £750,000
- Property Type - Consented Development Site
- Size - 6,479.9 sqft / 602 sqm
- Existing Use - B2 General Industrial
- Tenure - Freehold
- Borough - Croydon
- Recent Planning - 19/04490/FUL
- Local Amenities - Whitgift shopping centre (0.2 miles), Wandle Park (0.3 miles), Pure Gym (0.3 miles)
- Rateable Value - £8,100
The building is located behind the main retail frontage of London Road and the residential frontage of Derby Road. Access is via a 28m lane from the junction of Derby Road and Parsons Mead via a gated accessway.
On 15 January 2021, planning was approved by Croydon Borough Council for the demolition of the existing warehouse building and erection of a part-three, part four-storey building comprising 7 flats with improved access, provision of associated refuse storage and cycle storage. Planning reference: 19/04490/FUL.
The proposed development is situated in the highly sought-after Derby Road area of Croydon, a very short distance to Croydon town centre (0.2 miles), Whitgift shopping centre (0.2 miles) Wandle Park (0.3 miles) and West Croydon train (0.2 miles), Bus Station (0.1 miles), West Croydon Tram (0.6 miles), Pure Gyn (0.3 miles). and a PTAL Rating: 6b. This location is perfect for young professionals and first-time buyers.
This planning permission is subject to a CIL payment of £112,000.
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