For Sale By Auction | 12:00, 12 February 2019 | Lot 15

114 Addiscombe Road, Addiscombe, Croydon, Surrey, CR0 5PQ

Sold £1,055,000

  • Residential Development
  • 4 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 12/02/2019

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Substantial Redevelopment Opportunity Comprising a Four Bedroom Detached House Offered with Planning Permission (Subject to the Signing of the 106 Agreement) for Demolition of the Existing Property and Erection of a Detached Building to Provide Nine Self-Contained Flats (1 x One Bed, 5 x Two Beds,

The property occupies a substantial plot and comprises a four bedroom detached house in shell condition arranged over ground and first floors with planning permission for demolition of the existing property and the erection of nine self-contained flats.

Tenure

Freehold

Location

The property is situated in the popular area of Addiscombe close to local shops and amenities. The open spaces of Addiscombe Recreation Ground are nearby. Transport links are provided by East Croydon rail station and Sandilands tram station.

Planning

Croydon Borough Council have granted the following planning permission which is subject to the signing of the Section 106 agreement (Ref: 18/01353/FUL): 'Demolition of existing building and erection of new building to provide 9 flats (1 x 1 bedroom, 5 x 2 bedroom and 3 x 3 bedroom flats): provision of associated parking and bike storage'.

Proposed Accommodation

Ground Floor 1 x 3 Bedroom Flat 2 x 2 Bedroom Flats First Floor 1 x 1 Bedroom Flat 3 x 2 Bedroom Flats Second Floor 2 x 3 Bedrooms Flats

Proposed Accommodation Exterior

The property benefits from both front and rear gardens and off street parking.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.