Land for sale
Key information
Property description & features
- Tenure: Freehold
- Overage rights ONLY
- Thornton Heath
- Various potential uses - no planning history
- Total Site Area: 0.54 Acres
Planning Overage Rights, on soon to be developed buildings & land, Trafford Road, Thornton Heath, Croydon, Surrey, CR7 6DR
This purchase pertains to acquiring the planning overage rights attached to the property’s title. The buyer shall be entitled to 15% of the increase in land value from its current value, as a former bowling green to its re-evaluated worth following the approval of planning permissions. These entitlements will be valid for 80 years from April 2024.
The land owner does not have to submit a planning application – This can also be submitted by a third party to gain the overage trigger.
Full details of the overage registered with the Land Registry are available from the auctioneers and within the legal pack to download from the auctioneer’s website.
Gonville Bowling Club sits at the heart of Thornton Heath’s residential district, positioned on the south side of Trafford Road, which connects seamlessly to the A23 Thornton Road via Silverleigh Road. Immediate local amenities are readily accessible along Thornton Road, while more extensive shopping and recreational options await in Thornton Heath’s central area, including retail parks like Valley Park off Purley Way, home to stores like Ikea, approximately 1.5 miles to the south. With excellent road connections, particularly via the A23, and robust public transportation options such as local bus services, the location enjoys accessibility. Thornton Heath Rail Station lies just 1 mile east, offering a direct route to London Victoria in under 30 minutes.
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*DISCLAIMER
Property reference CR7 6DR. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Barney Estates & Auctioneers - Battersea.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on May 18, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on May 18, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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