Indicative Visualisation
1A West Hill, Sanderstead, South Croydon CR2 0SB Residential Development Opportunity For Sale www.kingsbury-consultants.co.uk 1A West Hill, Sanderstead, South Croydon CR2 0SB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
SUMMARY
• Detached residential house extending to 2,999ft2, occupying a circa 0.27 acre site • Planning permission for the construction of 9 x apartments (1 x 1 bedroom, 7 x 2 bedroom & 1 x 3 bedroom units) totalling 6,566ft2 NSA • Additional planning application to be submitted for an enhanced scheme to provide 9 x flats (8 x 2 bedrooms & 1 x 3 bedroom units) totalling 6,738ft2 NSA • Sought after location within a short walking distance from Sanderstead Station, offering direct links into Central London • Offers invited in excess of £1,500,000 for the freehold interest www.kingsbury-consultants.co.uk 1A West Hill, Sanderstead, South Croydon CR2 0SB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
DESCRIPTION
The existing property currently comprises a 2-storey detached 5 bedroom dwelling, extending to approximately 2,999ft2.
The property occupies a broadly rectangular site of approximately 0.27 acres (1.097m2), which incorporates a front and rear garden alongside parking for multiple vehicles. Access is taken from West Hill.
The site is bounded by West Hill to the South and Beechwood Road to the north, with houses to the east and west.
LOCATION
The property is located on West Hill in Sanderstead, within the London Borough of Croydon. Sanderstead is located approximately 12 miles to the south of Central London.
The immediate area comprises mainly high-quality residential properties with numerous commercial offerings including shops, restaurants and supermarkets available in Sanderstead village centre, located approximately 0.3 miles from the property.
The nearest station is Sanderstead located approximately 0.3 miles from the site, providing direct services into Central London, including London Victoria Station in under 25 minutes. Purely Oaks station is also situated 0.6 miles from the site. www.kingsbury-consultants.co.uk 1A West Hill, Sanderstead, South Croydon CR2 0SB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
PLANNING & DEVELOPMENT POTENTIAL APPROVED ACCOMMODATION SCHEDULE
APPROVED SCHEME - 17/05708/FUL Unit Floor Description NIA ft2 NIA m2 The property benefits from planning permission, granted on 26th January 2018 (under 1 Ground 2 Bedroom Flat 667 62 reference: 17/05708/FUL), for the demolition of the existing house and the erection of 2 Ground 2 Bedroom Flat 667 62 9 x apartments (1 x 1 bedroom, 7 x 2 bedroom and 1 x 3 bedroom units) extending to 3 Lower Ground & Ground 2 Bedroom Duplex Flat 764 71 approximately 6,566ft2 NSA along with 8 car parking spaces. 4 Lower Ground & Ground 2 Bedroom Duplex Flat 764 71 All of the units are for private sale and no Section 106 obligations apply. The planning 5 First 1 Bedroom Flat 560 52 consent is subject to a CIL liability of circa £81,351. 6 First 3 Bedroom Flat 818 76 7 First & Second 2 Bedroom Duplex Flat 797 74 POTENTIAL ENHANCED SCHEME 8 Second 2 Bedroom Flat 775 72 A second application is due to be submitted shortly, proposing to enhance the current 9 Second 2 Bedroom Flat 753 70 permission to remove the lift and increase the size of the units to provide 9 x flats (8 x 2 Total 6,566 610 bedrooms & 1 x 3 bedroom units) totalling 6,738ft2 NSA along with 8 car parking spaces. ENHANCED ACCOMMODATION SCHEDULE
Unit Floor Description NIA ft2 NIA m2 1 Ground 2 Bedroom Flat 753 70 2 Ground 2 Bedroom Flat 667 62 3 Lower Ground & Ground 2 Bedroom Duplex Flat 764 71 4 Lower Ground & Ground 2 Bedroom Duplex Flat 764 71 5 First 2 Bedroom Flat 764 71 6 First 2 Bedroom Flat 678 63 7 First & Second 2 Bedroom Duplex Flat 797 74 8 Second 3 Bedroom Flat 797 74 9 Second 2 Bedroom Flat 753 70 Indicative Visualisation Total 6,738 626 www.kingsbury-consultants.co.uk 1A West Hill, Sanderstead, South Croydon CR2 0SB
HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS
TENURE
The property will be sold freehold with vacant possession.
VAT
The property is not elected for VAT.
TERMS
Offers in excess of £1,500,000 for the freehold interest.
ADDITIONAL INFORMATION
Further information including planning and legal documents are available within our dataroom using the access code ‘Sanderstead’.
CONTACT To discuss any aspect of this property or the disposal process, please contact the sole selling agents:
Jordan Oldfield 020 7183 2529 [email protected]
Keir Goldstein 020 7183 2529 [email protected]
Kingsbury 1st Floor, 81 Alie Street, London E1 8NH
Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that this document does not constitute any form of contract for sale or lease. Statements should not be relied upon, and interested parties are advised to satisfy themselves as to the correctness of each statement. Kingsbury is the trading name of Kingsbury Investment & Development Consultants Ltd registered in England No: 06869268. Indicative Visualisation