RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE

Indicative Visualisation

71 VILLIERS AVENUE, SURBITON, KT5 8AW

SUMMARY DESCRIPTION

• 3-bedroom detached house occupying a site of circa 0.11 acres The existing property comprises 3-bedroom house across 2-storeys, positioned on a broadly rectangular site of circa 0.11 acres. • Planning permission for a 3-storey building comprising 6 residential units (2 x 1 bed, 2 x 2 bed and 2 x 3 bed) extending to The house is bounded by residential properties. approximately 4,715ft2

• Appeal lodged for 8 residential unit scheme (2 x studio, 2 x 1 bed, 2 x 2 bed and 2 x 3 bed) totalling 5,285ft2

• Offers are invited in excess of £1,250,000 for the freehold interest, subject to a £150,000 uplift if the Appeal scheme is successful

LOCATION

The property is located on Villiers Avenue, within the Royal Borough of Kingston Upon Thames.

The surrounding area comprises mainly high-quality residential properties. There are a number of shops and commercial amenities located on nearby Victoria Road in Surbiton.

The nearest station is Surbiton which is circa 0.5 miles from the property providing National Rail services into Waterloo in 30 minutes.

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Ordnance Survey © Crown Copyright 2019. All Rights Reserved. Licence number 100022432 Plotted Scale - 1:1250. Paper Size - A4 RESIDENTIAL DEVELOPMENT OPPORTUNITY FOR SALE

DEVELOPMENT POTENTIAL TENURE

Planning permission has been approved at appeal (ref: 18/16587/ The property will be sold Freehold with vacant possession on FUL) for the demolition of the existing building and erection of a new completion. 3-storey building plus basement, comprising 6 residential units (2 x 1 bed, 2 x 2 bed and 2 x 3 bed) extending to approximately 4,715ft2. TERMS An appeal has been lodged against a refused outline planning Offers are invited in excess of £1,250,000 for the freehold interest, application (ref: 19/01873/OUT) to consider the appearance, layout subject to a £150,000 uplift if the Appeal scheme is successful. and scale of the new 3-storey residential building plus basement comprising 8 residential units (2 x studio, 2 x 1 bed, 2 x 2 bed, 2 x 3 bed). VAT

The property is not elected for VAT. APPROVED ACCOMMODATION SCHEDULE Unit Floor Description NIA ft2 NIA m2 Basement / ADDITIONAL INFORMATION 1 3 Bedroom 6 Person Duplex Apartment 1,087 101 Ground Basement / 2 3 Bedroom 6 Person Duplex Apartment 1,087 101 Further information including approved planning documents can be Ground 3 First 2 Bedroom 4 Person Apartment 710 66 found in our dataroom using the password ‘Villiers71’. 4 First 2 Bedroom 4 Person Apartment 710 66 5 Loft 1 Bedroom 2 Person Apartment 560 52 CONTACT 6 Loft 1 Bedroom 2 Person Apartment 560 52 Total 4,715 438 To discuss any aspect of this property or the disposal process, please contact the Seller’s sole agents: APPEAL ACCOMMODATION SCHEDULE Jordan Oldfield– 020 7183 2529 Unit Floor Description NIA ft2 NIA m2 [email protected] 1 Basement Studio Apartment 398 37

2 Basement Studio Apartment 420 39 Chris Incledon – 020 7183 2529 3 Basement / Ground 3 Bedroom 6 Person Apartment 969 90 [email protected] 4 Basement / Ground 3 Bedroom 6 Person Apartment 958 89 5 First 2 Bedroom 4 Person Apartment 710 66 Kingsbury 6 First 2 Bedroom 4 Person Apartment 710 66 1st Floor, 81 Alie Street, London E1 8NH 7 Second 1 Bedroom 2 Person Apartment 560 52 Kingsbury on their own behalf and on behalf of the Owner / Landlord of this property whose agents, gives notice that 8 Second 1 Bedroom 2 Person Apartment 560 52 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 Total 5,285 491 name of Kingsbury Investment & Development Consultants Ltd registered in No: 06869268.

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