Lot 15
    Residential Development
    114 Addiscombe Road
    Addiscombe, Croydon, Surrey, CR0 5PQ
    Sold for £1,055,000
     
    Number 1
    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, 3 x Three Beds).

    Description

    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.
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