Indicative Visualisation Yew Bank, Sanderstead Road, Sanderstead CR2 0AG Residential Development Opportunity For Sale www.kingsbury-consultants.co.uk Yew Bank, Sanderstead Road, Sanderstead CR2 0AG HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS SUMMARY • 2-storey detached house located on a site extending to circa 0.4 acres • Planning permission granted for a 4-storey building to create 9 apartments (1 x 1 bedroom, 6 x 2 bedroom and 2 x 3 bedroom units) extending to approximately 9,385ft2 NSA in total • Located on a sought-after residential street circa 0.6 miles from Sanderstead Station and Purley Oaks Station • Offers are invited in excess of £1,400,000 for the freehold interest www.kingsbury-consultants.co.uk Yew Bank, Sanderstead Road, Sanderstead CR2 0AG HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS DESCRIPTION The existing property currently comprises a detached 5 bedroom family house extending to approximately 2,507ft2. The property occupies a broadly rectangular site of circa 0.4 acres, which incorporates a front and rear garden, two detached garages and parking for multiple vehicles. The site is bounded by high-quality residential properties with access taken from Sanderstead Road. LOCATION The property is located on Sanderstead Road within the London Borough of Croydon. Numerous commercial offerings including shops, restaurants and supermarkets are available in Purley town centre, located approximately 1.5 miles from the subject property. Sanderstead Station and Purley Oaks Station are also located approximately 0.6 miles from the site (circa 13 minute walk), both providing direct services into Central London, including London Bridge Station in under 30 minutes. Ordnance Survey © Crown Copyright 2020. All Rights Reserved. Licence number 100022432 Plotted Scale - 1:1250. Paper Size - A4 www.kingsbury-consultants.co.uk Yew Bank, Sanderstead Road, Sanderstead CR2 0AG HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS PLANNING & DEVELOPMENT POTENTIAL Planning permission was granted on 26th August 2020 (reference: 20/00064/FUL) for the demolition of the existing building and erection of a 4-storey building to create 9 apartments (1 x 1 bedroom, 6 x 2 bedroom and 2 x 3 bedroom units) extending to circa 9,385ft2 NSA in total. The scheme will benefit from off-street parking for up to 9 vehicles (in a surface level car park to the front of the proposed building). All units are for private sale and no Section 106 obligations apply. The planning consent is subject to a CIL liability of approximately £166,851.48. APPROVED ACCOMMODATION SCHEDULE Proposed Front Elevation Unit Floor Description NIA ft2 NIA m2 1 Ground 2 Bedroom 4 Person Apartment 1,016 94 2 Ground 2 Bedroom 4 Person Apartment 876 81 3 Ground 1 Bedroom 2 Person Apartment 670 62 4 First 2 Bedroom 4 Person Apartment 1,016 94 5 First 2 Bedroom 4 Person Apartment 939 87 6 First 2 Bedroom 4 Person Apartment 849 79 7 Second 2 Bedroom 4 Person Apartment 1,016 94 8 Second 3 Bedroom 6 Person Apartment 1,544 143 9 Third 3 Bedroom 6 Person Apartment 1,460 136 Total 9,385 872 Proposed Rear Elevation www.kingsbury-consultants.co.uk Yew Bank, Sanderstead Road, Sanderstead CR2 0AG HOME SUMMARY DESCRIPTION & LOCATION DEVELOPMENT TERMS TENURE The property will be sold freehold with vacant possession upon completion. VAT The property is not elected for VAT. TERMS Offers are invited in excess of £1,400,000. ADDITIONAL INFORMATION Further information including planning documents can be found in our dataroom using access code ‘Yew’. CONTACT To discuss any aspect of the property of disposal process, please contact the sole selling agents: Paul Heale 020 7183 2529 [email protected] Jordan Oldfield 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..