South Residential Development Opportunity 202-204 Road , London, SE25 6XU

Residential development opportunity in South Norwood. Existing building currently arranged over lower ground, raised ground and two upper floors. Planning permission for refurbishment and alteration of existing building to form 2 x studios, 8 x 1 bed and 2 x 2 bed units. Approximately 320 metres (0.2 miles) west of Norwood Junction railway station. For sale Freehold with vacant possession.

Savills 33 Margaret Street London W1G 0JD +44 (0) 20 7016 3848 savills.co.uk NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Location Planning The property is located on the southern side of at its The property falls within the jurisdiction of the London Borough of mid-point to the north of Selhurst and to the south of Crystal , and is located within South Norwood Conservation Area. Palace. The site is located within the jurisdiction of the London The building is locally listed. Borough of Croydon. The site has full planning permission under reference 16/05041/ The site is well served by public transport as indicated by its PTAL FUL as follows: rating of 5. Norwood Junction train station is located approximately “Alterations and refurbishment. Conversion to form 8 one bedroom, 320 metres (0.2 miles) to the east providing regular services into 2 studio and 2 two bedroom flats, erection of three storey side/rear London Bridge in 17 minutes (Source: National Rail) and services extension, erection of four storey rear extension, erection of front to & and West Croydon via . boundary wall, provision of associated refuse and cycle storage.” The property is also well served by multiple bus routes operating along the High Street, providing connections to Croydon to the Mayoral CIL will be charged on the scheme at a rate of £20 per sq south and Crystal Palace to the north. m and Croydon Borough CIL will be charged at a rate of £120 per sq m and is estimated to amount to £68,710.69. The site benefits from close proximity to an extensive range of local amenities including an Aldi superstore which is located 200 metres The proposed schedule of accommodation is set out below: to the east of the site and a Sainsbury’s superstore on Whitehorse Unit Type Floor Size Sq Ft Road 800 metres to the north west of the property. There is also a variety of convenience retailers along Norwood High Street 620 2 Lower Ground 70.8 762 metres to the north east. The property also benefits from proximity 1 Lower Ground 66.4 715 to stadium and the open spaces of South Norwood 1 Lower Ground 66.4 715 recreation park. Crystal Palace located 2.8 km (1.8 miles) to the north provides a wide range of retailers, restaurants and food 2 Upper Ground 64.7 696 markets around the Church Road area, immediately to the south 1 Upper Ground 54.4 586 west of Crystal Palace park. 1 Upper Ground 54.5 587 Description 1 First 55.6 598 The site is broadly rectangular in shape and extends to 2 First 66.4 715 approximately 0.069 hectares (0.17 acres). The site currently 1 First 54.3 584 comprises two semi-detached Victorian houses formerly in use as a 1 Second 52.7 567 HMO and residential apartments. The property is bound by existing residential houses to the east and west, by residential gardens Studio Second 42.5 457 of properties on Lawrence Road to the south and Selhurst Road Studio Second 44.8 482 (A213) to the north. Total Areas 693.5 7,465 NOTE:- Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office. © Crown copyright licence number 100024244 Savills (UK) Ltd. NOTE:- Published for the purposes of identification only and although believed to be correct accuracy is not guaranteed.

Tenure Viewings The property is for sale freehold with vacant possession. Viewings at the site can be undertaken strictly by appointment only. Please contact the sole selling agents should you wish to Method of Sale arrange a viewing at the site. The site will be sold by way of informal tender (unless sold prior). Offers are sought for the freehold interest. Further Information Further information including technical and legal documentation is VAT available at: The site is not elected for VAT. www.savills.co.uk/202selhurstroad Guide Price Offers in excess of £1.5m.

Contact Andrew Cooper Lucy Robbie Madeleine Maguire [email protected] [email protected] [email protected] +44 (0) 20 7016 3848 +44 (0) 20 7409 5988 +44 (0) 20 7075 2882

Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise. Designed and Produced by Savills Marketing: 020 7499 8644 | July 2017